David Phillips of the 10Q Detective describes an executive severance agreement recently authorized by the board of directors of Yankee Candle Company (YCC). The agreement provides for certain important economic benefits in the event of a change of control. Less than six weeks later, Yankee Candle agreed to be bought by a private equity investment firm. Perfect timing.

Geoff Gannon does an in depth analysis of Blyth (BTH), a scented candle company that also makes other “personal indulgences [for] women at affordable prices”. Geoff does a great job walking through Blyth’s competitive position, profitability, cash flow, recent history, and valuation.