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Stock Market & Financial Investment News

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April 28, 2014
07:16 EDTCOTY, RDENCoty could benefit from buying Elizabeth Arden, says Stifel
After Elizabeth Arden (RDEN) reportedly hired an investment bank to explore a sale of the company, Stifel contends that Arden could be of strategic value to Coty (COTY). The firm thinks that an acquisition of Arden would be significantly accretive to Coty. It keeps a Hold rating on Coty.
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