Elizabeth Arden to pay Revlon $14 mln if merger is terminated

Industry:    2016-06-20

Revlon Inc :

* Elizabeth Arden must pay co $14 million termination fee if merger is terminated following change of recommendation by its board

* Co to pay Elizabeth Arden termination fee of $40 million if merger is terminated because co, Revlon consumer products failed to consummate merger Source text: (1.usa.gov/1rta3PB) Further company coverage: (Bengaluru Newsroom: +1-646-223-8780).

 http://www.reuters.com/article/idUSFWN19904F
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