Dial takeover
This article was originally published in The Rose Sheet
Executive Summary
Shareholders of record as of the close of business Feb. 24 will vote on Henkel's proposed acquisition of Dial during March 24 special meeting at firm's Scottsdale, Ariz. headquarters, Dial reports. Henkel announced plans to acquire the personal care company for $2.9 bil. in cash in December; under the proposed agreement, Dial shareholders would receive $28.75 per share. The acquisition, expected to close in April, also is subject to regulatory approval (1"The Rose Sheet" Dec. 22, 2003, p. 3)...