Helen of Troy Rejects Unsolicited $37-per-Share Takeover Bid
Helen of Troy said it unanimously rejected an unsolicited all-cash takeover proposal of $37 per share. Its shares rose as much as 27% Wednesday, from a prior close near $29.54 to trade around $37.
Shares of Helen of Troy Limited (HELE) jumped as much as 27% on Wednesday after the consumer products company confirmed it had unanimously rejected an unsolicited $37-per-share all-cash takeover proposal.The stock climbed from a prior close near $29.54 to trade around $37, putting it on track for i…