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Agency is not wild about proposed $1.37 billion deal.
February 4, 2020
By: Christine Esposito
Editor-in-Chief
Not everyone is wild about Edgewell’s plans to acquire Harry’s Inc. The Federal Trade Commission has authorized staff of the Bureau of Competition to file suit to enjoin Edgewell Personal Care Company’s proposed $1.37 billion acquisition of Harry’s, Inc. The FTC’s complaint alleges that the proposed combination would eliminate one of the most important competitive forces in the shaving industry. According to FTC, the loss of Harry’s as an independent competitor would remove a critical disr...
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