Exclusive: J&J exploring putting talc liabilities into bankruptcy, sources say
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J&J (JNJ) May Spin Talc Liabilities in Separate Business Before Seeking Bankruptcy Protection - Report
July 19, 2021 8:22 AM EDTJohnson & Johnson (NYSE: JNJ) is exploring putting its controversial Baby Powder business into a newly-created business that would then seek bankruptcy protection, according to Reuters.
As legal settlements are still ongoing, plaintiffs lawyers are unlikely to be able to stop the company from... More
