Company News, Financial News

Revlon on the Block?

Perelman considering all of his options.

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By: TOM BRANNA

Editor

First he gutted it, now he may be getting rid of it. Billionaire Ron Perelman, the majority owner of Revlon Inc., said he would seek strategic alternatives for the cosmetics maker. Perelman's investment company, MacAndrews & Forbes, said in a filing it had not formulated any specific or definitive plan or proposal. MacAndrews & Forbers owns 78% of Revlon, the one-time leader in the mass color cosmetics market. As noted in Bloomberg Business, Perelman gained control of Revlon ...

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