Newell Rubbermaid to acquire Jarden for $13B

Newell Rubbermaid, the maker of Sharpie markers and Parker pens, has signed a deal to purchase diversified consumer products company Jarden Corp. for $13.2 billion.

The acquisition would add such brands as Sunbeam kitchen appliances and Coleman outdoor gear to Newell Rubbermaid's product line.

Newell also would pick up the Yankee Candle brand, as well as yearbooks and class rings maker Jostens Inc.

Read more from Reuters.