Cases
Elizabeth Arden, Inc. (NASDAQ: RDEN)
Merger
Overview
Overview
- Date:
- 6/17/2016
- Company Name:
- Elizabeth Arden, Inc.
- Stock Symbol:
- RDEN
- Company Name - Buyer:
- Revlon, Inc.
- Status:
- Closed/Complete
NEW YORK, June 17, 2016 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Elizabeth Arden, Inc. (NASDAQ: RDEN) investors concerning the proposed acquisition of the company by Revlon, Inc.
The investigation concerns whether Elizabeth Arden’s board of directors failed to adequately shop the Company and obtain the best possible value for Elizabeth Arden stockholders before entering into a definitive merger agreement with Revlon. Under the terms of the agreement, Elizabeth Arden stockholders will receive $14.00 in cash for each share of Elizabeth Arden common stock held in a transaction valued at approximately $420 million.
If you purchased Elizabeth Arden securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
The investigation concerns whether Elizabeth Arden’s board of directors failed to adequately shop the Company and obtain the best possible value for Elizabeth Arden stockholders before entering into a definitive merger agreement with Revlon. Under the terms of the agreement, Elizabeth Arden stockholders will receive $14.00 in cash for each share of Elizabeth Arden common stock held in a transaction valued at approximately $420 million.
If you purchased Elizabeth Arden securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.