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Revlon Group Inc

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BUSINESS
August 18, 1987 | Associated Press
Revlon Group offered Monday to buy Gillette Co. in a cash and securities transaction worth about $5.4 billion, Revlon's third bid for Gillette in nine months. Gillette declined to comment on the latest proposal, which was made in a letter to Chairman Colman M. Mockler Jr. But Revlon may not make a formal offer to Gillette shareholders without the permission of Gillette's management under an agreement reached after Revlon dropped its initial takeover offer last November. Gillette stock jumped $3.
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BUSINESS
September 30, 1987 | MICHAEL A. HILTZIK, Times Staff Writer
Revlon Group confirmed Tuesday that it has acquired a small stake in Salomon Inc., the parent of one of the nation's leading securities firms, and said it has asked for government clearance to buy as much as 25% of the company's stock. Revlon, a vehicle of corporate raider Ronald O. Perelman, said it was not interested in acquiring Salomon, however.
BUSINESS
September 30, 1987 | MICHAEL A. HILTZIK, Times Staff Writer
Revlon Group confirmed Tuesday that it has acquired a small stake in Salomon Inc., the parent of one of the nation's leading securities firms, and said it has asked for government clearance to buy as much as 25% of the company's stock. Revlon, a vehicle of corporate raider Ronald O. Perelman, said it was not interested in acquiring Salomon, however.
BUSINESS
May 11, 1989
Actress Audrey Hepburn was elected to the board of Revlon Group Inc. The New York-based Revlon Group operates Revlon Inc., which makes and distributes beauty products, and National Health Laboratories, which provides clinical laboratory services throughout the country.
BUSINESS
May 27, 1992 | From Times Staff and Wire Reports
Moody's Investors Service Inc. has placed the debt ratings of Revlon Group Inc. and Revlon Inc. under review for possible upgrade. About $1.2 billion in long-term debt is affected. . . . Oakland-based Clorox Co. said it will close its Oakland Clorox 2 dry all-fabric bleach plant, which employs 11 people, and will transfer manufacturing to its Dyersburg, Tenn., plant in August.
BUSINESS
August 18, 1987 | Associated Press
Revlon Group offered Monday to buy Gillette Co. in a cash and securities transaction worth about $5.4 billion, Revlon's third bid for Gillette in nine months. Gillette declined to comment on the latest proposal, which was made in a letter to Chairman Colman M. Mockler Jr. But Revlon may not make a formal offer to Gillette shareholders without the permission of Gillette's management under an agreement reached after Revlon dropped its initial takeover offer last November. Gillette stock jumped $3.
BUSINESS
March 9, 1987
MacAndrews & Forbes Holdings Inc., Revlon Group Inc.'s largest stockholder, said it is weighing a bid to take Revlon private in an acquisition that has an estimated value of $715 million. The holding company led by Ronald O. Perelman, who is also Revlon's chairman, said it is considering making a cash offer to buy the 65.4% of Revlon stock it does not already own for $18.50 a share. Specific terms of the potential bid have not been determined,
NEWS
November 14, 1986 | Associated Press
Revlon Group Inc. launched a bid today to acquire Gillette Co., offering $65 per share of Gillette's stock in a deal worth more than $4 billion. At its Boston headquarters, Gillette issued a statement saying its board was considering the offer and asked that its stockholders refrain from acting on the bid until the board issued its recommendation. Gillette was the most actively traded issue on the New York Stock Exchange on Thursday, closing at $57.75 share, down 50 cents from Wednesday.
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