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Wednesday, April 9, 2014

Deals of the day- Mergers and acquisitions, (NYSE: PG)

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:** Procter & Gamble Co is selling the bulk of its pet food business to Mars Inc for $2.9 billion to focus more on its personal care and cleaning brands, the companies said.

The Procter & Gamble Company (P&G) is focused on providing consumer packaged goods. Shares of PG traded higher by 0.17% or $0.14/share to $81.49. In the past year, the shares have traded as low as $73.61 and as high as $85.82. On average, 9731400 shares of PG exchange hands on a given day and today's volume is recorded at 11555284.



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