Matrixx Initiatives Inc. deal

Private investment firm H.I.G. Capital LLC will acquire Matrixx for $8 per share in cash, or about $75.2 million. The price is a 56.3% premium to Matrixx's close of $5.12 on Dec. 13, before the deal was announced. Matrixx's board unanimously approved the tender offer, which will begin on Dec. 22. ...