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Gillette Contests Massachusetts Subpoena

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By: TOM BRANNA

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Gillette filed an action contesting the subpoena issued by Massachusetts Secretary of the Commonwealth William Galvin requesting information related to its planned acquisition by Procter & Gamble. Gillette is also seeking a declaration by a court that the secretary lacks jurisdiction over the acquisition, the company said. Galvin opened an inquiry into the deal in February, focusing on a payment to Gillette’s CEO and chairman James Kilts that may have violated a state law that requires co...

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