In Brief: Renaissance/MEM acquisition
This article was originally published in The Rose Sheet
Renaissance/MEM acquisition: MEM shareholders approve purchase of company by Renaissance Cosmetics. The two firms reached an agreement in principle June 24 under which Renaissance would purchase MEM's approximately 2.6 mil. outstanding shares for $7.50 a share ("The Rose Sheet" July 1, p. 1). The deal is expected to close within 30 days, subject to financing and "certain regulatory approvals," MEM said...
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