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The nearly $75 million deal boosts Markwins anti-aging profile.
September 27, 2012
By: TOM BRANNA
Editor
Physicians Formula Holdings and Markwins International have entered into a definitive merger agreement under which Markwins will acquire all of the outstanding shares of common stock of Physicians Formula for $4.90 per share in cash, or approximately $74.9M. The per share price represents a premium of approximately 33% to Physicians Formula’s closing stock price on August 14, 2012 and a premium of approximately 40% to Physicians Formula’s one-month volume-weighted average price...
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