P&G; has 96% of Richardson-Vicks’ shares.
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Procter & Gamble officials said 16.86 million Richardson-Vicks’ shares were tendered to P&G; by the Tuesday deadline that it had set for its $69-per-share cash offer. P&G; officials said the shares tendered to the company have been accepted for payment. P&G; intends to make Richardson-Vicks a wholly-owned subsidiary.
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