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Revlon Unveils Plan To Cut Debt As Q4 And Year End Loss Narrows

This article was originally published in The Rose Sheet

Executive Summary

Revlon has developed agreements with Fidelity Management and Research and MacAndrews & Forbes, the firm's principal shareholder owned by Chairman Ronald Perelman, that will reduce the color cosmetics marketer's debt by $930 mil., or approximately 50%, by March 31, 2006, the company reported Feb. 12
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