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Madison Dearborn Partners to acquire The Yankee Candle Company for $1.7bn

26 Oct 2006

The Yankee Candle Company has entered into a definite merger agreement under which Chicago-based private equity firm Madison Dearborn Partners will acquire all of the outstanding shares of Yankee for approximately $1.4bn in cash. The total value of the transaction, including assumed debt, is approximately $1.7bn.

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