Mass. regulator seeks documents in review of Gillette-P&G deal
The Secretary of State in Massachusetts is asking Gillette for information about the consumer products company's pending sale to Cincinnati-based Procter And Gamble Company.
William F. Galvin is requesting information about future job cuts and plans to reward executives financially for the deal. Galvin says he believes a review of the 57 billion dollar deal is merited because of its size and the large payouts executives at Boston-based Gillette are due to receive.