By A Mystery Man Writer
Forma Brands, the bankrupt owner of the Morphe makeup brand, reached an agreement with lenders Jefferies Finance LLC and Cerberus Capital Management to be acquired in exchange for $690 million in debt relief, according to a court filing.
Who owns Jaclyn Cosmetics? Is it Morphe? I can't remember the business relationship between the two. : r/jaclynhillsnark
CPG WIRE (@cpgwire) / X
CPG WIRE (@cpgwire) / X
R.I.P.- Bankrupt Brands Spell Trouble for Beauty - The Robin Report
CPG WIRE (@cpgwire) / X
Report: Lenders Acquire Forma Brands for $690M
Report: Lenders Acquire Forma Brands for $690M
Distressed Retail