Prestige Brands Holdings, Inc. completes purchase of Blacksmith Brands
Prestige Brands Holdings, Inc. today announced that it has completed its previously announced purchase of Blacksmith Brands Holdings, Inc. The transaction was finalized under the original terms announced on September 20 th , which called for Prestige to pay $190 million in cash at closing plus a customary working capital adjustment that amounted to $13.4 million.
In a test program, Hoffman Estates-based Sears is selling a limited selection of its signature Craftsman tools at Menards home improvement stores throughout the Midwest.