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Hain Celestial Will Buy TenderCare International

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By: Jamie Matusow

Editor-in-Chief

The Hain Celestial Group, Inc., a natural and organic personal care products company, announced the signing of a letter of intent to acquire TenderCare International Inc., a Wisconsin-based marketer and distributor of chlorine-free and gel-free natural diapers and baby wipes. Under the terms of the agreement, Hain Celestial has agreed to pay $0.45 per share in cash for all shares.

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