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  "documentTitle": "Church & Dwight Co., Inc. (CHD)",
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  "authorName": "Ben Axler",
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      "text": "Extreme Caution Warranted With Recent Acquisition: Waterpik",
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      "text": "Spruce Point believes that CHD's recent Waterpik and FLAWLESS levered acquisitions were made in desperation at outlandish valuations.",
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      "text": "Investors Fail To Appreciate The Change of Leadership Style Under Matt Farrell, An Executive Who Blind-Sided Investors At Alpharma...",
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      "text": "Old School Brands Traditionally Following A Copy-Cat Like Strategy Against Leaders Proctor & Gamble, Clorox, And Others...",
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      "text": "Under Pressure To Financially Engineer Results, CHD's Two Recent And Expensive Deals Already Showing Signs Of Disappointment...",
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      "text": "downside risk: 35% – 50%",
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      "text": "Spruce Point has significant concerns about Church & Dwight (NYSE: CHD)... investors seeking safety in CHD's stock face 35%–50% downside ($40 - $52/share).",
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