Company News, Financial News

LG Is Considering Bid For Elizabeth Arden

For a price that could reach nearly $1B.

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By: TOM BRANNA

Editor

Let the Big Deals begin. After a relatively quiet 2013, multinational household and personal product companies are flush with cash and ready to wheel and deal. Last week, the big South Korean cosmetics and electronics company, announced that it is considering a bid for Elizabeth Arden, as it looks to expand locally and overseas by buying rivals. On news of the potential deal, Elizabeth Arden's share price jumped 10%. The Seoul-based company, which also makes household cleaning goods, is l...

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