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March 23, 2006
By: TOM BRANNA
Procter & Gamble Co. said its Duracell unit is acquiring flashlight manufacturer Garrity Industries for an undisclosed amount. Privately owned Garrity, produces a broad range of technically advanced flashlights, according to P&G. The company will be combined with Duracell, the world’s top manufacturer of batteries. Robert W. Baird & Co. served as financial adviser to Garrity Industries, and Holland & Knight served as legal counsel.
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