Cosmetics Maker Revlon Nears Chapter 11 Filing - The Wall Street Journal

The business, owned by billionaire Ron Perelman’s MacAndrews & Forbes, has been in talks with lenders ahead of debt maturities that begin next year

Revlon Inc. is preparing to file for chapter 11 protection as soon as next week after struggling for years with too much debt, stiff competition in the cosmetics business and more recent inflation an… [+358 chars]

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