Investors aren't taking kindly to Perfumania's (PERF -25.4%) plans to acquire Parlux Fragrances...

|About: Perfumania Holdings, Inc (PERF)|By:, SA News Editor

Investors aren't taking kindly to Perfumania's (PERF -25.4%) plans to acquire Parlux Fragrances (PARL +79.1%). Thanks to the crash in Perfumania shares, Parlux's shares are trading at just $6.22 - well below $7.91-$8.55/share range the deal valued Parlux at based on Thursday's close.