June 24, 2022

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Revlon files for bankruptcy facing high debt, supply chain pain

1 min read

The cosmetics giant owned by billionaire Ron Perelman sought court protection in the Southern District of New York, and listed both assets and liabilities of as much as $10 billion, according to court papers. Chapter 11 filings allow a company to continue operating while it works out a plan to repay creditors.

2022-06-16 01:05:00

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