P&G Open To M&A Moves, Closed To Board Seat For Activist Investor
Executive Summary
P&G posts 2% organic growth in its latest quarter and its adjusted EPS beat analyst expectations as it is again interested in M&A. A few days after releasing its results, company appeals to shareholders to vote against an activist investor's bid for a board seat.
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P&G Extends Gum Repair Toothpaste Line As It Trims Production Footprint
P&G says harmful plaque bacteria below the gum line evades "even the most the diligent brushers." The firm plans in 2020 to move manufacturing of hair, oral and personal care products from Iowa to a facility in West Virginia.
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