Financial News

Holding Company Reorganization for Ulta

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By: TOM BRANNA

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Ulta will implement a holding company reorganization for fiscal 2017. The primary purpose of the reorganization is to create a more efficient corporate structure, according to the fast-growing beauty retailer. Business operations for the company will not change as a result of the reorganization. Ulta Beauty, Inc. will replace Ulta Salon, Cosmetics & Fragrance, Inc. as the publicly-traded entity. All outstanding common stock shares of Ulta Salon, Cosmetics & Fragrance, Inc. will auto...

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