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Perelman had Revlon sell four divisions: two for $1 billion, the vision care division for $574 million, and the National Health Laboratories division which became a publicly owned corporation in 1988. Additional make-up lines were purchased for Revlon: Max Factor in 1987 and Betrix in 1989, later sold to Procter & Gamble in 1991. [18]
Revlon divested its other businesses and a major stake in the company was acquired by MacAndrews & Forbes. [ 4 ] In 1988, National Health Laboratories became a public company via an initial public offering on the NASDAQ exchange.
The Revlon takeover, because of its well-known brand, was profiled widely by the media and brought new attention to the emerging boom in leveraged buyout activity. In later years, Milken and Drexel would shy away from certain of the more "notorious" corporate raiders as Drexel and the private equity industry attempted to move upscale.
Revlon is filing for Chapter 11 bankruptcy protection, weighed down by debt load, global supply chain disruptions and surging costs. Revlon, beauty icon in crowded market, files for bankruptcy ...
Yahoo Finance compiled a list of the biggest publicly traded companies in each state and Washington, D.C., based on market cap and the location of companies' headquarters as of 2023.
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares ...
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Pages in category "Companies traded over-the-counter in the United States" The following 109 pages are in this category, out of 109 total. This list may not reflect recent changes .