A hearing was scheduled on a Revlon appeal.
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A hearing on the appeal by Revlon, the cosmetics giant, and Forstmann, Little & Co., the New York investment firm that wants to acquire it, will be held Thursday in Delaware Supreme Court. The two firms are appealing a lower court decision that would prevent Revlon from giving Forstmann, Little the right to buy two key businesses. Revlon supports a $57.25-a-share merger deal with Forstmann, Little and opposes a $58-per-share bid by Pantry Pride Inc.
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