Note that the limits here are defined as follows: let be a formal power series in . Then, is the formal power series with coefficients . Notably, we require that each of the coefficients must converge. It is true here as the coefficient of is only affected by the products of for , so it will be a finite product.
Proof 2 (counting multiplicities)
Write where each is the multiplicity of . Note that saying that has columns is the same as saying that for all . Then, . Plugging this in, we have