Brands Satire
Hydro Flask Owner Gets $1.6 Billion Offer, Stays Cold
Empower Brands made an unsolicited bid for Helen of Troy at $37 a share.
Based on real news: Hydro Flask, Osprey owner receives acquisition proposal valued at $1.6B (Retail Dive)
EL PASO, Texas—Empower Brands made an unsolicited offer to buy Helen of Troy, owner of Hydro Flask and Osprey, at $37 a share in a proposal valued at $1.6 billion, Retail Dive reported.
A fictional analyst said the board would consider the offer at its own pace. Insulated products are known for keeping their temperature for 24 hours, and the board appeared to be modeling the same approach.
Insulated products are known for keeping their temperature for 24 hours, and the board appeared to be modeling the same approach.
(I weighed a 32-ounce bottle: 15.2 ounces, empty. It did not respond.)
More on Helen of Troy · Hydro Flask · Osprey
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Riffing on: Hydro Flask, Osprey owner receives acquisition proposal valued at $1.6B, Retail Dive