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They can be chained together

NPR

Fri, Sep 17, 2021 05:09 AM PT


How Revlon Lost Its Luster  The Wall Street Journal

The Wall Street Journal

Tue, Mar 09, 2021 12:00 AM PT




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Corporate raid

In business, a corporate raid is the process of buying a large stake in a corporation and then using shareholder voting rights to require the company to undertake novel measures designed to increase the share value, generally in opposition to the desires and practices of the corporation's current management. The measures might include replacing top executives, downsizing operations, or liquidating the company. Corporate raids were particularly common in the 1970s, 1980s, and 1990s in the United States. By the end of the 1980s, management of many large publicly traded corporations had adopted legal countermeasures designed to thwart potential hostile takeovers and corporate raids, including poison pills, golden parachutes, and increases in debt levels on the company's balance sheet. In later years, some corporate raiding practices have been used by "activist shareholders", who purchase equity stakes in a corporation to influence its board of directors and put public pressure on its management.

Wikipedia


Halston

Roy Halston Frowick (April 23, 1932 – March 26, 1990), known mononymously as Halston, was an American fashion designer who rose to international fame in the 1970s. His minimalist, clean designs, often made of cashmere or ultrasuede, were a new phenomenon in the mid-1970s discotheques and redefined American fashion. Halston was known for creating a relaxed urban lifestyle for American women. He was frequently photographed at Studio 54 with his close friends Liza Minnelli, Bianca Jagger, Joe Eula, and Andy Warhol.In the early 1950s, while attending the School of the Art Institute of Chicago, Halston began a business designing and making women's hats. He garnered a well-known clientele and opened a store on Chicago's Magnificent Mile in 1957. He later became the head milliner for high-end New York City department store Bergdorf Goodman. His fame rose when he designed the pillbox hat Jacqueline Kennedy wore to the inauguration of her husband, President John F. Kennedy, in 1961. In the late 1960s, Halston made the transition to women's clothing, opening a boutique on Madison Avenue in New York and started a ready-to-wear line. After several ill-advised business decisions, Halston eventually lost control of his fashion house in the 1980s. He died of AIDS-related cancer in 1990 at the age of 57.

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Ronald Perelman

Ronald Owen Perelman (; born January 1, 1943) is an American banker, businessman and investor. MacAndrews & Forbes Incorporated, his company, has invested in companies with interests in groceries, cigars, licorice, makeup, cars, photography, television, camping supplies, security, gaming, jewelry, banks, and comic book publishing. Perelman holds significant shares in companies such as Deluxe Entertainment, Revlon, SIGA Technologies, RetailMeNot, Merisant, Scantron, Scientific Games Corporation, Valassis, vTv Therapeutics and Harland Clarke. He previously owned a majority of shares in AM General, but in 2020 sold the majority of his shares in AM General along with significant works of art, in light of the impact of the economy on the high debt burdens many of his companies have from leveraged buyouts. In early 2020, Revlon, acquired by Perelman in the 1980s, undertook a debt deal. Previously worth 19.8 billion in 2018, Perelman is, as of September 2020, worth 4.3 billion.

Wikipedia


Sofia Carson

Sofía Daccarett Char (born April 10, 1993), known professionally as Sofia Carson, is an American actress and singer. Her first appearance on television was as a guest star on the Disney Channel series Austin & Ally. In 2015, she appeared as Evie, the daughter of the Evil Queen, in the Disney Channel Original Movie Descendants, later reprising her role in Descendants 2 and Descendants 3. In 2016, she appeared as Lola Perez in Adventures in Babysitting, Melanie Sanchez in Tini: The Movie, and Tessa in A Cinderella Story: If the Shoe Fits. In 2019, Carson starred as Ava Jalali in the Freeform drama series Pretty Little Liars: The Perfectionists. In June 2020, she starred in the Netflix film Feel the Beat.Carson made her singing debut in 2015 with the soundtrack album Descendants, and in the same year released the single "Rotten to the Core". In 2016, she signed to Hollywood Records, and released her debut single, "Love Is the Name".

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