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July 2, 2004
By: TOM BRANNA
Editor
DLI Holding Corp., a jointly owned company by Kelso & Company and Church & Dwight, signed a definitive merger agreement to acquire Del Laboratories, Uniondale, NY, for approximately $465 million.“This transaction offers both an immediate cash premium to Del Laboratories’ shareholders and the opportunity for the company to continue its growth,” said Dan K. Wassong, chairman, president and chief executive officer of Del Labs.The transaction is expected to be completed i...
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