Carlyle to buy Blyth for $98 mln
The Carlyle Group has agreed to buy Blyth Inc. for $6 a share or $98 million. Robert B. Goergen, Blyth's Chairman of the Board, and Robert B. Goergen, Jr., Blyth's President and CEO, who beneficially own approximately 38 percent of Blyth's stock, are supporting the deal. Greenwich, Connecticut-based Blyth makes and sells candles and home fragrance products. Threadstone Advisors provided financial advice to Carlyle, while Houlihan Lokey advised Blyth.
31 August 2015•7 mins read
