Diamond Hill Capital Comments on Procter & Gamble

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Diamond Hill Capital Comments on Procter & Gamble

Posted by: guruhl (IP Logged)

Date: October 23, 2012 02:50PM

Consumer products company Procter & Gamble Co. (PG) rallied on news that activist investor Bill Ackman purchased a sizable stake in the company. In addition, investors responded favorably to the company's decision to reinstate share repurchases.

From Diamond Hill Capital's Third Quarter Large Cap Fund Commentary.

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