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$12.5 billion dollar exchange is now closed.
October 4, 2016
By: Melissa Meisel
The Procter & Gamble Company completed its Reverse Morris Trust transaction with Coty Inc., including the transfer of its global fine fragrances, salon professional, cosmetics and retail hair color businesses, along with select hair styling brands. The deal was $12.5 billion. On Sept. 30, 2016, P&G completed a split-off transaction whereby P&G provided its shareholders with the opportunity to exchange their shares of P&G common stock for Galleria Co. common stock. Effectiv...
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