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Observer questions P&G/Coty deal.
July 14, 2015
By: TOM BRANNA
Editor
Some Wall Street types are never satisfied. For years, analysts have called Procter & Gamble too unwieldy for proper management. After watching its stock price idle for years, P&G executives saw the light and started selling non-core brands, which culminated in the $12.5 billion sale of several beauty businesses to Coty last month. But now, at least one investment house insists Procter should have spun off, not sell off, its beauty biz. According to Sanford C. Bernstein's Ali...
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