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News Breaks
October 29, 2009
18:37 EDTPBH
theflyonthewall.com: Prestige Brands sells three shampoo brands to Ultimark Products
Prestige Brands Holdings announced it has sold its three shampoo businesses to Ultimark Products. The transaction includes Prell Shampoo, Denorex Dandruff Shampoo, and Zincon Dandruff Shampoo from the company's Personal Care segment. These brands collectively represent approximately 2%-3% of annual company sales. Terms of the agreement include an upfront payment of $8M in cash, followed by a subsequent payment of $1M on October 28, 2010. The company will use the proceeds of the sale to pay down debt. :theflyonthewall.com



News For PBH From The Last 14 Days
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February 9, 2012
08:40 EDTPBH
theflyonthewall.com: Prestige Brands says S&P, Moody's ratings for company remain unchanged

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08:39 EDTPBH
theflyonthewall.com: Prestige Brands says core strategy continues to deliver

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06:26 EDTPBH
theflyonthewall.com: Prestige Brands cautiously optimistic for Q4

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06:24 EDTPBH
theflyonthewall.com: Prestige Brands completes acquisition of 15 OTC brands from GSK

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06:10 EDTPBH
theflyonthewall.com: Prestige Brands reports adjusted Q3 EPS 25c vs. consensus 25c

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February 1, 2012
05:11 EDTPBH
theflyonthewall.com: Prestige Brands Holdings completes purchase of 15 brands from GlaxoSmithKline

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