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But rebuffs calls for a breakup
June 6, 2017
By: TOM BRANNA
Editor
In a move to appease one of its biggest investors, Procter & Gamble executives said that they are in “ongoing, constructive, active talks” with Trian Fund about the future of its brands. P&G Chairman and CEO David Taylor told CNBC that he is willing to take ideas from the hedge fund about how to improve its business. Taylor also says P&G continues to work on its plan to cut $10 billion in costs through productivity improvements, including reducing overhead c...
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