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From Times Staff and Wire Reports
Pepsico Inc. announced a 3-for-1 stock split for shareholders of record Aug. 10 . . . Cincinnati-based Procter & Gamble Co. said it has completed the purchase of the toiletries and fragrances portion of American Cyanamid’s Shulton Group, excluding the Pierre Cardin fragrance line. Terms of the sale were not disclosed.
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