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Engaged Capital’s Deal With Hain Celestial Yields Paltry Gain

Hain Celestial Group is Enaged Capital’s biggest activist target.

  • By Stephen Taub

      Irwin Simon, president and CEO of Hain Celestial Group Inc. (Photo Credit: Francis Specker/Bloomberg).  Investors were giddy when they learned Thursday morning that Hain Celestial Group agreed to revamp its board of directors under a deal with Engaged Capital. Shares of the organic and natural products company jumped 7.6 percent when the

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