Deals & Developments: Sep. 1, 1930

Gillette. After two days of heavy selling pressure had knocked Gillette Safety Razor Co. stock down $15 a share last week, bankers for the company announced that merger negotiations are still being carried on with Auto Strop Safety Razor Co., and if concluded will be presented to the Federal Trade Commission. Although a Gillette-Auto Strop merger would settle the suit in which Auto Strop charges that Gillette's new blade is an infringement of Auto Strop's patented Probak blade, it would not end Gillette's troubles. Last week Segal...

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