Procter & Gamble Co T.PG

Primary Symbol: PG Alternate Symbol(s): N.PG

Consumer Defensive Household & Personal Products

The Procter & Gamble Company is focused on providing branded consumer packaged goods to consumers across the world. The Company’s segments include Beauty, Grooming, Health Care, Fabric & Home Care and Baby, Feminine & Family Care. The Company’s products are sold in approximately 180 countries and territories primarily through mass merchandisers, e-commerce, including social commerce channels, grocery stores, membership club stores, drug stores, department stores, distributors, wholesalers, specialty beauty stores, including airport duty-free stores), high-frequency stores, pharmacies, electronics stores and professional channels. It also sells direct to individual consumers. It has operations in approximately 70 countries. It offers products under brands, such as Head & Shoulders, Herbal Essences, Pantene, Rejoice, Olay, Old Spice, Safeguard, Secret, SK-II, Braun, Gillette, Venus, Crest, Oral-B, Ariel, Downy, Gain, Tide, Always, Always Discreet, Tampax, Bounty and others.

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Procter & Gamble Co > I am OUT!

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Comment by MudCreekeron Nov 10, 2018 11:27pm

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Post# 28956169

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:I am OUT!

You don't need to assume anything. Premier is listed in the court documents as owed a trade debt of $5.5 million. I don't kow the details of the contract that they had with Premier, but I expect that their lawyers had good arguments for making that classification before filing those papers. I'm sure Premier's lawyers will argue against it and a court will decide whether under the law it's a trade debt or not. If it isn't overturned, that $5.5 million is almost surely gone. But since that amounts to 2.7 cents per share, it's not all that important anyway - certainly not something to lose sleep over.

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