Church & Dwight (CHD) is [[acquiring Avid Health]], maker of gummy form vitamins and...

|About: Church & Dwight Co Inc. (CHD)|By:, SA News Editor

Church & Dwight (CHD) is [[acquiring Avid Health]], maker of gummy form vitamins and supplements, for $650M in a combination of debt and cash. The deal is expected to close early in the fourth quarter. Once fully integrated, CHD plans to leverage Avid's distribution network and support functions to generate anticipated annual cost savings of approximately $15M in 2014. Shares +1% AH.