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Revlon to acquire Elizabeth Arden for $870 million
NEW YORK -- Revlon announced late Thursday that it would buy Elizabeth Arden for $14 per share in cash, or about $870 million.
Revlon said bringing together the two firms will help it benefit from greater scale, an expanded global footprint, and a significant presence across all major beauty channels and categories, including the addition of Elizabeth Arden’s growing prestige skin care, color cosmetics and fragrances.