Online News-Water Pik Technologies Announces Potential Sale of Company
February 8, 2005
Water Pik Technologies' Board of Directors announced that it is considering various strategic alternatives to enhance stockholder value, including a potential sale of a portion or all of the company. J. P. Morgan Securities has been retained to assist the company in its evaluation of strategic alternatives. Water Pik Technologies, Inc. is a leading developer, manufacturer and marketer of personal health care products, pool products and water-heating systems sold under the Water Pik®, Jandy® and Laars® brand names. The company has developed and introduced many products that are considered the first of their kind and have led to the formation of new markets, including the automatic toothbrush, end-of-faucet water filtration system, pool heater and pulsating shower massage.