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Revlon to explore options, says largest shareholder

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(Reuters) - Revlon Inc's largest shareholder MacAndrews and Forbes said on Friday the cosmetics maker would explore options for the business. MacAndrews and Forbes, the holding company through which billionaire Ronald Perelman owns about 87% stake in Revlon, disclosed in an SEC filing that an external financial adviser has been retained to help in the efforts.Bloomberg reported on Thursday that..
Date Published: Aug 16, 2019
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