Church & Dwight to buy Avid Health for $650 mln

Mon Aug 20, 2012 4:56pm EDT

Aug 20 (Reuters) - Church & Dwight Co Inc, the maker of Arm & Hammer baking soda, said it will buy privately-held Avid Health for $650 million in cash.

The company, which signed the deal on Aug. 17, expects to finance the acquisition with a combination of debt and cash. The deal is expected to close in the fourth quarter, it said in a filing with regulators.

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