Waldencast Acquisition Corp., a special purpose acquisition company, has entered into definitive simultaneous business combination agreements with Obagi and Milk Makeup. The approximately $1.2 billion three-way transaction is a first step in Waldencast’s strategy to create a global best-in-class multi-brand beauty and wellness platform.     Under the terms of the definitive merger agreement, the transaction is valued at a proforma enterprise value of approximately $1.2 billion. The tran...