Cosmetics maker Revlon to buy Elizabeth Arden in $870 million deal
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/27/2026
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
- Stock action shows confidence in central banks: BofA’s Hartnett
- Oil prices slide about 2% as US, Iran explore path out of war
- Why stocks held up despite rising yields and $100 oil? These 2 words explain it
- Barclays asks if equity markets are nearing the boiling point
- White House blocks CNN from Air Force One trip, Washington Post reports
- Merck and Daiichi Sankyo withdraw lung cancer drug application
- Exclusive-SK Hynix's Solidigm weighs IPO that could value the unit at up to $150 billion, sources say
- Fox Factory sells Marucci Sports for $225M, cuts debt
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
Revlon's (REV) Ratings Place on Review for Downgrade at Moody's
June 17, 2016 3:28 PM EDTMoody's Investors Service, ("Moody's") placed the ratings of Revlon Consumer Products Corporation (NYSE: REV) under review for downgrade. These include the company's Ba3 Corporate Family Rating, Ba3-PD Probability of Default Rating, Ba2 senior secured bank credit facilities and B2 senior unsecured debt ratings. Moody's affirmed the company's SGL-1 Speculative Grade Liquidity rating. The review for downgrade follows the company's announcement that it has entered into an agreement to acquire Elizabeth Arden ("Arden", Caa1) for approximately $900 million. The acquisition is expected to close during the second half of 2016, subject to customary regulatory... More
