Schick parent Edgewell Personal Care Co. announced Thursday a deal to buy Harry's Inc., which provides a subscription shaving service, in a cash and stock...
Schick parent Edgewell Personal Care Co. EPC, -1.99% announced Thursday a deal to buy Harry's Inc., which provides a subscription shaving service, in a cash and stock deal valued at $1.37 billion. Under terms of the deal, about 79% of the value will be paid in cash and the rest in Edgewell common stock. Edgewell expects to finance the deal with cash on hand and new debt and equity.
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