Edgewell Personal Care Backs Out of Harry's Acquisition

Harry's, the direct-to-consumer men's and women's shaving company, is now independent once more. Edgewell Personal Care, which owns the Schick brand of shaving products, had been set to acquire Harry's for $1.37 billion, but the company is backing out of the offer after the FTC sued to block the transaction on Feb. 3. In a...