Revlon (REV +2.3%) agrees to pay $850K in fine to settle allegations it withheld information from shareholders regarding a going-private transaction. The company found itself in hot water after failing to tell investors an outside adviser found the terms of a voluntary exchange of $107M debt to a controlling shareholder were inadequate.
Revlon (REV +2.3%) agrees to pay $850K in fine to settle allegations it withheld information...
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