Why it matters
The proposal could affect the two companies and their shareholders, but no agreement or completed acquisition is reported.
ECONOMY • UNITED STATES
Empower Brands makes $1.6 billion unsolicited bid for Helen of Troy
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BLUF
Empower Brands, a Spectrum Brands unit, made an unsolicited offer to buy Helen of Troy at $37 a share, The Wall Street Journal reports. The offer raises its previous proposal of $34 a share.
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