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cofounder Ian Ashken

Newell Rubbermaid Acquires Jarden

Newell Rubbermaid Acquires Jarden

ATLANTA — Newell Rubbermaid Inc. is buying Jarden Corp. for about $13.2 billion in cash and stock, combining brands including Paper Mate, Sunbeam and Yankee Candle. Jarden shareholders will receive, per share, $21 and 0.862 shares of Newell Rubbermaid stock at closing. Based on Newell Rubbermaid’s closing price on December 11, the implied total consideration