Thursday, January 31, 2008

P&G to Divest Folgers Coffee Business

"P&G today announced plans to divest Folgers (which includes the Dunkin' Donuts and Millstone brands) some time in the second half of 2008, preferably in "split off" in which shareholders could opt to exchange their P&G stock for shares of the new stand-alone company. "

Advertising Age

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