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Pfizer seeking Schick buyer

This article was originally published in The Rose Sheet

Executive Summary

Pfizer announces it is "exploring strategic options," including possible sale, for its Schick-Wilkinson Sword shaving products and Adams confectionery businesses. With 2001 sales of approximately $620 mil., Schick's top brands include Xtreme III razors and blades, Silk Effects, Protector and FX Diamonds. Both the Schick and Adams businesses became part of Pfizer in June 2000 with the company's merger with Warner-Lambert. Morgan Stanley will act as investment banker for Schick...
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