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Arden stock registration

Executive Summary

Fragrance marketer files registration statement with Securities and Exchange Commission for up to $125 mil. in common stock that may be sold in one or more offerings. Arden currently has no immediate plans to sell its stock but "intends to evaluate market conditions over time." Proceeds would be used for general corporate purposes, including the repayment of debt," company says. Additional 1.4 mil. shares included in the statement are owned by Unilever subsidiary Conopco and represent the vested portion of company's 4.2 mil. shares of common stock issued in conjunction with the Elizabeth Arden acquisition from Unilever...
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