FTC Challenge Pushes Schick Deal to Acquire Harry’s Off The Razor’s Edge
Edgewell Personal Care Co., the parent company of Schick, has abandoned its plans
to purchase Harry’s Razors just days after the Federal Trade Commission filed a complaint
to block the merger earlier this month.
In May 2019, Edgewell entered into an agreement to purchase Harry’s Inc.
, a start-up shaving company, for approximately $1.37 billion in stock and cash. The two companies compete in the “wet shave”...