Columbia Management Comments on Procter & Gamble

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Oct 26, 2012
Procter & Gamble (PG) is a consumer products company manufacturing a broad range of personal care products from laundry detergent to shaving products. A large, well-known activist hedge fund is currently attempting to engage the board to encourage C-level management change and splitting the company into different, more-focused parts.

From Columbia Large Cap Fund third quarter commentary.