Church & dwight acquires zicam brand for $530 million

Ewing, n.j.--(business wire)--church & dwight co., inc. (nyse: chd) has completed the acquisition of matrixx initiatives, inc., the owner of the zicam™ brand for $530 million. the acquisition was structured as a stock purchase that the company financed with a combination of cash and debt. zicam is the #1 zinc supplement in the united states in the vms (vitamins, minerals, and supplements) cough/cold shortening category. zicam shortens the duration of a cold using zinc as the core active ing
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