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If You Invested $1,000 When Procter & Gamble Bought Gillette, Here's How Much You'd Have Now
Tuesday, October 19, 2021 - 7:20pm | 408Procter & Gamble Co (NYSE: PG) is one of the top consumer products companies. The well-known firm has built a portfolio of familiar brands that can likely be found in most households. Some of those products have come via acquisitions, including a large one made in 2005. The...
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This Day In Market History: Gillette Buys Duracell
Friday, September 13, 2019 - 7:25am | 348Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On this day 23 years ago, Gillette bought Duracell for $7 billion. Where The Market Was The Dow Jones Industrial Average closed at 5,838.52 and the S&P 500 traded at 680.54. What...
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2 Big Dow Components Are Finding It Hard To Grow
Wednesday, April 26, 2017 - 11:47am | 501Generally speaking, the bigger the size of the company, the more difficult it is to grow. This concept was front-and-center after two major Dow components signaled to investors growing their business isn't an easy task. Procter & Gamble Shares of Procter & Gamble Co (NYSE: PG) were trading...
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Unilever's Acquisition Of Dollar Shave Club Offers 'Unique Consumer And Data Insights'
Wednesday, July 20, 2016 - 10:18am | 312Unilever plc (ADR) (NYSE: UL), a major U.K.-based conglomerate that oversees approximately 400 brands across the world, paid $1 billion to acquire Dollar Shave Club, a direct-to-consumer seller of shaving razors and other healthcare products. According to the Wall Street Journal, Unilever bought...
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Follow Ackman Into P&G? Maybe, Maybe Not
Friday, July 13, 2012 - 12:41pm | 868On Thursday, shares of Procter & Gamble (NYSE: PG), the world's largest consumer products company, jumped almost four percent on volume that was nearly triple the daily average on news that Bill Ackman's Pershing Square Capital has built a position in the company. Only time will tell what...