Edgewell Personal Care (EPC) Commences on Procter & Gamble (PG) Suit; Believes Allegations Have No Basis

August 23, 2016 4:08 PM EDT

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Edgewell Personal Care Company (NYSE: EPC) issued the following statement in response to Procter & Gamble Company's (NYSE: PG) ("P&G") lawsuit regarding Edgewell's 3-bladed private label razors:

We believe P&G's allegations have no basis. Gillette's MACH3® patents have expired and we are confident in the quality and performance of our private label products. We will vigorously defend ourselves against these meritless claims and will continue to support our valued customers around the world.

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