Procter & Gamble CEO, On CNBC, Says We'll Announce The Acquisition Of Thorne Today; To Buy For $3.8B
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Why It Matters
Procter & Gamble, a giant company that makes cleaning and health products, is buying Thorne, a smaller health company, for $3.8 billion. When big companies buy smaller ones, it usually means they think the smaller company will help them grow or reach new customers.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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