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Stock Market & Financial Investment News

News Breaks
May 2, 2014
06:17 EDTENREnergizer price target raised to $134 from $120 at Citigroup
Citigroup raised its price target for Energizer shares to $134 citing its sum-of-the-parts analysis given the company's pending split-up. Citi keeps a Buy rating on Energizer.
News For ENR From The Last 14 Days
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May 22, 2015
08:03 EDTENREnergizer adopts limited duration shareholder rights plan
Energizer announced that its board has adopted a limited duration shareholder rights plan and declared a dividend distribution of one preferred share purchase right on each outstanding share of Energizer's common stock. The limited duration rights plan will expire on December 31, 2015, approximately six months after the expected completion of the separation of Energizer's Personal Care and Household Products businesses. The rights plan is effective immediately for Energizer and will remain in effect until expiration on December 31, 2015 for the Personal Care business following the separation, which is expected to be finalized by July 1, 2015. The plan is designed to assist the Board in the period leading up to and immediately following the separation by protecting against creeping accumulations or other share acquisition activity that the board believes would not be in the best interest of shareholders.

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