Breaking News

Elizabeth Arden HQ Sale a Go

December 9, 2005

With an inspection period over, Elizabeth Arden said the entity slated to buy its corporate headquarters and former distribution facility in Miami Lakes will go ahead with the purchase, but not to buy certain equipment, furniture and related assets at contractually stipulated prices. In March, Elizabeth Arden agreed with Nina Elazar to sell the corporate headquarters and former distribution facility for between $10.25 million and $12.15 million.
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