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Forma Brands, the bankrupt owner of the Morphe makeup brand, reached an agreement with lenders Jefferies Finance LLC and Cerberus Capital Management to be acquired in exchange for $690 million in debt relief, according to a court filing.
Morphe's Parent Company Acquired for $690M by Jefferies, Cerberus - Bloomberg
Who owns Jaclyn Cosmetics? Is it Morphe? I can't remember the business relationship between the two. : r/jaclynhillsnark
Report: Lenders Acquire Forma Brands for $690M
R.I.P.- Bankrupt Brands Spell Trouble for Beauty - The Robin Report
So Nobody Finds This Weird? : r/jaclynhillsnark
CPG WIRE (@cpgwire) / X
Distressed Retail
R.I.P.- Bankrupt Brands Spell Trouble for Beauty - The Robin Report
CPG WIRE (@cpgwire) / X
CPG WIRE (@cpgwire) / X