Eli Lilly and Company sold Arden to Fabergé in 1987 for $657 million.
Arden's cosmetics company was bought from Unilever in 2003 by FFI for $225 million, a New York company.
Wednesday, June 15, 2016
Elizabeth Arden (RDEN) acquired by Revlon (REV) for US $870 million.
The company was founded as Red Door salon on Fifth Avenue in 1910. Arden's company was then sold to Eli Lilly and Company in 1971 for $38 million ($224,721,446 today).
Eli Lilly and Company sold Arden to Fabergé in 1987 for $657 million.
Arden's cosmetics company was bought from Unilever in 2003 by FFI for $225 million, a New York company.
Eli Lilly and Company sold Arden to Fabergé in 1987 for $657 million.
Arden's cosmetics company was bought from Unilever in 2003 by FFI for $225 million, a New York company.
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