Revlon Stock Soars on Report of Potential Acquisition Out of Bankruptcy

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Updated June 17, 2022 8:18 am ET / Original June 17, 2022 7:04 am ET

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Revlon stock soared more than 53% in premarket trading Friday after a report said Indian conglomerate Reliance Industries (RIL.India) is considering buying the cosmetics maker after it filed for bankruptcy.

The news was reported by Business channel ET Now, which cited unidentified sources.

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