Deals
Drunk Elephant Founder Open to a Buyer But Says No Deal Imminent
- Masterson confirms hiring bankers, downplays Unilever chatter
- ‘We’re not there yet with anybody,’ she says of potential deal
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U.S. skin-care brand Drunk Elephant is open to a suitor.
The startup with a growing cult following has already hired bankers to represent it in a potential sale, but isn’t close to finalizing any deals, said Tiffany Masterson, the brand’s founder and chief creative officer.