Prestige Consumer Healthcare to acquire the consumer health business of Akorn Operating Company for $230m.

Prestige Consumer Healthcare, an American company that markets and distributes over-the-counter healthcare and household cleaning products, agreed to acquire the consumer health business of Akorn Operating Company, a specialty pharmaceutical company, for $230m. "The sale of the Consumer Health business enables us to optimize our core prescription drug portfolio and enhances our capacity to make growth oriented investments" Douglas Boothe, Akorn President and CEO.