Chattem Buys Brands
Source: LOHAS Weekly Newsletter
Published: Tuesday, December 01, 1998
Published: Tuesday, December 01, 1998
Chattem (CHTT) agreed to buy dieting aid Dexatrim, Sportscreme and other brands from privately held Thompson Medical Co. for $95 million in a deal that will add $.65/share to $.75/share to its FY99 earnings and $55 million in net sales in 1998.
