Revlon Inc. announced on Thursday that it will be buying Elizabeth Arden Inc. for $14 a share, in an attempt to expand its portfolio to include fragrances and a larger worldwide distribution. Photo credit: Grays

Revlon Inc. announced on Thursday that it will be buying Elizabeth Arden Inc. for $14 a share, in an attempt to expand its portfolio to include fragrances and a larger worldwide distribution. Photo credit: Grays