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-0.00107719928186719 0.00107719928186719 0.00377019748653502 0.00574506283662478 0.0125673249551167 0.0208258527827647 0.0287253141831239 0.0272890484739677
Stock impact report

Schick-parent Edgewell's stock bounces off 11-year low after FTC files to block Harry's buyout [MarketWatch]

Edgewell Personal Care Company (EPC) 
Last edgewell personal care company earnings: 2/10 06:19 am Check Earnings Report
US:NYSE Investor Relations: ir.edgewell.com
Company Research Source: MarketWatch
Schick-parent Edgewell's stock bounces off 11-year low after FTC files to block Harry's buyout Shares of Edgewell Personal Care Co. EPC, +8.37% ran up 8.7%, to bounce off a more-than 11-year low, after the U.S. Federal Trade Commission filed suit to block the Schick parent's proposed buyout of Harry's Inc., a provider of a subscription shaving service. In May 2019, Edgewell announced a deal to buy Harry's in a cash and stock deal valued at $1.4 billion. FTC said it believes the loss of Harry's as an independent competitor would remove "a critical disruptive rival" has has driven down prices and spurred innovation in an industry previously dominated by two main suppliers, including Edgewell. Edgewell Chief Executive Rod Little said of the FTC's suit: "We continue to believe the combination of our two companies would bring together complementary capabilities for the benefit of all stakeholders, including customers." Harry's co-founders Jeff Raider and Andy Katz-Mayfield stated: "We a Show less Read more
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