12.05.06
CCA Industries Inc., which makes health and beauty products, signed a letter of intent to be acquired by private investment firm Dubilier & Co. for about $94 million. New York-based Dubilier & Co. has invested in more than a dozen companies.
The transaction is subject to the execution of a definitive purchasing agreement, the conclusion of all the financial commitments, the termination of all outstanding employment contracts and shareholders’ approval.
The transaction is subject to the execution of a definitive purchasing agreement, the conclusion of all the financial commitments, the termination of all outstanding employment contracts and shareholders’ approval.