Prestige Consumer's $1B Acquisition of Breathe Right - the deal no ones talking about

& why you should care - a deep dive into the transaction

This week, Prestige Consumer Healthcare (NYSE: PBH) - a $2b mkt cap rollup of OTC brands including Dramamine, Clear Eyes, and more - closed its $1.045B acquisition of nasal strip brand Breathe Right.

The reason I want to go deep into this transaction is because it represents a relatively ‘cookie cutter’ deal. Its not one of these high flying VC backed em…