Edgewell Personal Care Company (NYSE:EPC) signed an agreement to acquire Jack Black L.L.C. for $90.3 million net of cash on January 18, 2018. The transaction will be funded from operating cash and is subject to customary closing conditions, including U.S. antitrust clearance. As of February 9, 2018, early termination notice was received from Federal trade Commission. The deal is expected to close in the second quarter of 2018 and is expected to be EPS neutral in fiscal 2018. Moelis & Company acted as financial advisor to Edgewell. Piper Jaffray & Co. acted as financial advisor to Jack Black.