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Pfizer Agrees to Sell Schick to Energizer for $930 Million

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By: TOM BRANNA

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Pfizer Inc., New York, NY, said it agreed to sell its Schick-Wilkinson Sword shaving-products business for $930 million in cash to battery maker Energizer Holdings Inc.The deal, which ends a months-long auction for the nation’s second-largest shaving-products company, was approved Monday by Energizer’s board. In a prepared statement Tuesday, Pfizer said the transaction is subject to the usual regulatory approvals and is expected to close in the first half of this year.Pfizer announce...

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