Prestige Brands (PBH +2%) rejects Genomma Lab's $834M unsolicited bid to acquire the maker of...

|About: Prestige Brands Holdings, Inc. (PBH)|By:, SA News Editor

Prestige Brands (PBH +2%) rejects Genomma Lab's $834M unsolicited bid to acquire the maker of Comet and Spic n Span cleaners, calling it "inadequate." PBH adopts a shareholder rights plan in response to the bid, saying it would allow the board time and opportunity to consider any other that may be presented.