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Edgewell Without Harry’s: Strategic Path Remains The Same, Just A Longer Road Now

 
• By Ryan Nelson

One week after the FTC challenged the deal as anticompetitive, Edgewell announced on 10 February that it has terminated its merger agreement with direct-to-consumer upstart Harry’s. The firm remains focused on improving its underlying business and says its first-quarter results, posted the same day, show that its strategy is working.

Bumpy road crossing plains at sunset

Edgewell Personal Care will move forward as a standalone company without Harry’s, Inc., the firm announced on 10 February, one week after the US Federal Trade Commission moved to block the proposed deal.

The merger agreement’s termination came as little surprise to analysts following the FTC’s intervention, in the form of an administrative complaint and a threatened lawsuit to halt Edgewell’s

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