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Energizer Holdings, Inc.
Energizer Holdings, Inc. Announces Acquisition of Edge and Skintimate Shave Preparation Business
May 31st, 2009
Energizer Holdings, Inc., (NYSE:ENR), announced the acquisition of the Edge and Skintimate shave preparation business of S.C. Johnson & Son, Inc. for an aggregate purchase price of $275 million. "We are very excited about combining the Edge and Skintimate brands with our Schick-Wilkinson Sword shaving business, strengthening both in the process," said Ward Klein, Chief Executive Officer. "As leading brands in the U.S. men's and women's shave preparation category, Edge and Skintimate are a logical and attractive adjacency for our shaving business." Under certain circumstances, Energizer may elect to issue to S.C. Johnson, in lieu of cash payment of...
Source: Pharma Investments, Ventures & Law Weekly (2009-05-31)
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