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E.l.f. Beauty to buy Hailey Bieber’s Rhode brand for $1 billion

E.l.f. Beauty is acquiring Hailey Bieber’s Rhode beauty brand for $1 billion. The deal is for $800 million in cash and stock, with an additional $200 million payout based on Rhode’s performance over three years, E.l.f. said in a statement. E.l.f. Chief Executive Officer Tarang Amin said the acquisition will further diversify the cosmetics company’s […]


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