Chattem Buys Brands

Source: LOHAS Weekly Newsletter
Published: Tuesday, December 01, 1998
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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.

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