Energizer Holdings Inc. (ENR) announced Tuesday morning that it has agreed to acquire HandStands Holding Corp. from Trivest Partners for $340 million.
Energizer Holdings spiked to the upside at the open Tuesday and extended its gains late in the morning. Shares finished higher by 2.63 at $47.22 on above average volume. The stock broke out of a month and a half long trading range and set a new high for the year.
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