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Revlon Plans to Approach Potential Bidders Next Month

  • Cosmetics maker reaching out to parties who expressed interest
  • Majority owner MacAndrews doesn’t plan to take Revlon private
Revlon Inc. Products Ahead Of Earnings Figures
Photographer: Daniel Acker/Bloomberg
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Revlon Inc. is set to begin a formal marketing process after Labor Day as it seeks to secure a buyer that will help turn around the company without taking it private, according to people with knowledge of the matter.