Church & dwight to acquire hero, creator of the mighty patch® brand for $630 million

Ewing, n.j.--(business wire)--church & dwight co., inc. (nyse:chd) has signed a definitive agreement to acquire the hero mighty patch® brand (hero) and other acne treatment products for $630 million, consisting of cash and church & dwight restricted stock. mighty patch® is the #2 brand in the acne category in the united states and the #1 patch brand in acne. the transaction, which is subject to customary closing conditions, is expected to close in the fourth quarter. hero's net sales fo
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