Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue December 2014
 •  Antitrust Regulator in France Fines Major Companies  •  Paradigm Science’s Cervino Wins Award  •  Aquaphor Taps Brooke Burke  •  Shea Radiance Gets A Makeover  •  A Sustainable P&G
Print

Elizabeth Arden Tenders 2.5 Million Shares



Published November 15, 2005
Related Searches: share unilever care men
Post a comment
Last month, Elizabeth Arden offered about 2.5 million common shares at $19.50 a share. Arden will use the money to reduce borrowing. Affiliates of food and personal care product company Unilever NV sold about 2.3 million of the shares, representing the remaining shares of common stock underlying Elizabeth Arden’s outstanding Series D convertible preferred stock. The company said it sold an additional 231,793 shares through an over-allotment option.


blog comments powered by Disqus