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Procter & Gamble stock rallies on $3.8 billion acquisition of Thorne. Here’s what the deal means for PG shares.
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L Catterton's Deep Category Conviction and Brand Vision Allowed for Accelerated Growth and Fortified Thorne's Position as the Premier Trusted Brand in Science-Backed Wellness
Acquisition positions Thorne to continue advancing its mission while building on its legacy of science, quality, innovation, and trust
Procter & Gamble has underperformed the broader market over the past year, though analysts remain moderately optimistic on its future potential.