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Friday, September 17, 2010

Proctor & Gamble announces terms of Acquisition

In recent news, The Proctor & Gamble Company has announced the terms of it's ConTipi takeover offer. The small disposable-insert making company will receive $15 million at first, and should their annual product revenue reach $180 million, they will be paid in full.

We recently covered this acquisition. More details can be found here:

Shares of P&G are trading flat on the news.