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Closing pushed back to December.
November 9, 2012
By: TOM BRANNA
Editor
Not so fast. Markwins International Corporation has delayed its acquisition of Physicians Formula Holdings, Inc. Back on Nov. 8, stockholders of Physicians Formula approved the acquisition ofthe company by Markwins. The deal was supposed to close by Nov. 13, but today Markwins pushed the closing back to mid-December. Physicians Formula operates in the mass market prestige, or “masstige,” market. Under the Physicians Formula brand name, created in 1937, the company develops...
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