Arden shares jump 10% following reports of potential sale

25-Apr-2014
Finance

Shares of Elizabeth Arden surge as company reportedly targeted for buyout

Shares of Elizabeth Arden jumped 10% this week, following reports the cosmetics company hired investment banking firm Goldman Sachs to discuss a potential sale. Earlier reports claim that the company has been approached for a potential buyout by Korean firm LG Household & Healthcare.

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