Procter & Gamble (PG) is a company that overreached and now has a cumbersome fleet of brands. To its credit, the company is currently shopping around some product divisions including Braun small appliances, Iams pet foods, Duracell batteries and Pringles snacks.
But the bottom line is that it will take some time to streamline this patchwork company -- so investors shouldn't hold their breath.
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