(Reuters) - PHILADELPHIA, April 25 - Small appliance and consumer goods company Jarden Corp. will acquire K2 Inc. , the maker of K2 skis and Rawlings baseballs, for about $765 million to broaden its sporting goods product line.
Jarden, whose products range from playing cards and plastic cutlery to camping gear and coffee makers, will pay about $15.50 per share in cash and stock for each share of K2. That marked a 23-percent premium to the closing price of K2's stock on Tuesday.
Read more at Reuters.com Mergers News
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