From the “unknowingly throwing all my money into the same bucket” department: Iams was purchased by Procter & Gamble back in August ’99. Talk about a conglomerate. Here’s the press release. I should have figured something was up when I heard the Albertson’s ad proclaiming that Iams premium pet food was now available at the supermarket. Pet owners are worried that Iam’s formula will change as P&G; cuts costs. Apparently, this isn’t true. Yet. I always worry about companies cutting costs and not telling consumers. Every time I drink a Nantucket Nectar I check the label to make sure they haven’t switched to high fructose corn syrup.