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Helen of Troy Limited Rejects Unsolicited $37.00 Per Share Proposal from Empower Brands

Source: Nasdaq

M&A & RestructuringManagement & Governance

Helen of Troy’s board unanimously rejected an unsolicited, non-binding acquisition proposal from Empower Brands Holdings Group, LLC for $37.00 per share in cash. The article text provided does not state the company’s rationale, whether the offer represented a premium, or any market reaction.

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