NEW YORK, United States — When Revlon Inc. announced that it was buying Elizabeth Arden Inc. for about $419 million last month, it said the combined …
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Revlon’s Bankruptcy Plan Would Wipe Out Stockholders, Hand Ownership to Lenders
Ronald Perelman’s Revlon Inc. will likely pursue a debt restructuring that hands ownership of the company to lenders and wipes out stockholders, according to an …