Article: Del Laboratories, Inc. Provides Update On Planned Acquisition by DLI Holding Corp.

Del Laboratories, Inc. confirmed today that it has been notified by Kelso & Company that, by mutual agreement, Church & Dwight, Co., Inc. will no longer be an equity participant with Kelso & Company in the acquisition of Del Laboratories Inc. and that Church & Dwight has relinquished its option to purchase the Orajel brand. Del Laboratories, Inc. will retain the marketing, sales, and product development responsibilities for its Orajel brand.

Kelso & Company has agreed to increase its investment and, together with certain members of Del's management will be the sole equity participants in DLI Holding Corp. The financial terms of Del's merger with DLI Holding ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!