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MEM reviewing business "operating efficiencies"; exploring "strategic alternatives".

This article was originally published in The Rose Sheet

Executive Summary

MEM CONDUCTING REVIEW OF BUSINESS "OPERATING EFFICIENCIES," the Northvale, NJ-based fragrance and toiletries manufacturer announced in a Feb. 24 release of operating results. MEM has also appointed a special committee of the Board of Directors to "explore strategic alternatives" for the firm, although there is "no assurance" that any "alternative will be implemented," the company said.



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