Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Elizabeth Arden Inc (NASDAQ: RDEN) acted responsibly on behalf of investors’ profitability in the planned $870 million sale to Revlon Inc (NYSE: REV).

On June 16, 2016, Elizabeth Arden Inc (NASDAQ: RDEN) and Revlon Inc (NYSE: REV) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Revlon will offer Elizabeth Arden shareholders $14.00 per share in cash for all outstanding shares.    

Based in Miramar, Florida, and founded in 1960 Elizabeth Arden Inc is a beauty products company that manufactures, markets, distributes, and sells fragrance, cosmetics, and skin care products.

The investigation focuses on whether NASDAQ: RDEN investors received the highest price and whether the directors of Elizabeth Arden Inc acted in the best interest of Elizabeth Arden Inc company and its shareholders.  

If you purchased Elizabeth Arden Inc (NASDAQ: RDEN) prior to June 16, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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