… Mr. Perelman,
through MacAndrews & Forbes, owns about 78 percent of Revlon’s outstanding
shares. He first gained control of Revlon in 1985 through a hostile takeover
and tried to take the company private in 2009. Revlon’s stock price has been
hit hard in the last year, declining 24 percent. The company has a market value
of about $1.3 billion. In its most recent financial disclosure, Revlon said
that its profit declined to $6.2 million in the third quarter, from $14.6 million
in the prior-year period ... Ronald Perelman to Explore ‘Strategic Alternatives’ for Revlon - The New York Times
through MacAndrews & Forbes, owns about 78 percent of Revlon’s outstanding
shares. He first gained control of Revlon in 1985 through a hostile takeover
and tried to take the company private in 2009. Revlon’s stock price has been
hit hard in the last year, declining 24 percent. The company has a market value
of about $1.3 billion. In its most recent financial disclosure, Revlon said
that its profit declined to $6.2 million in the third quarter, from $14.6 million
in the prior-year period ... Ronald Perelman to Explore ‘Strategic Alternatives’ for Revlon - The New York Times
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