rhode Sells to e.l.f. for $1 Billion
Turns out those M&A rumors *were* true!
It seemed inevitable that Hailey Bieber’s rhode would sell, but it was always a question of to who. And when, given the current climate. M&As have been few and far between this year — we’ve been in need of a good one!
And today is that day. e.l.f. announced in a press release that they will acquire rhode for $1 billion, which is laid out in $800 million …
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