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Article: Playtex Products shareholders approve sale of 20 million shares to Haas Wheat & Harrison; nine directors elected at annual meeting.
- Article from:
- Business Wire
- Article date:
- June 6, 1995
CopyrightCOPYRIGHT 1995 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK--(BUSINESS WIRE)--June 6, 1995--Shareholders of Playtex Products, Inc. (PYX - NYSE) this morning approved the sale of 20 million shares of newly-issued common stock to affiliates of Haas Wheat & Harrison Investment Partners at a price of $9.00 per share.
The actual sale of the 20 million shares, representing approximately 40 percent of Playtex's outstanding common stock, was consummated shortly after shareholder approval.
Nine directors were also elected by shareholders at the annual meeting in New York including five designated by Haas Wheat & Harrison Investment Partners.
Newly elected to the Playtex board of directors were Robert B. Haas, ...