Cosmetic chains merge

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The Cosmetic Center, Savage, Md., and Revlon have signed a definitive agreement for the merger of Prestige Fragrance & Cosmetics, Revlon's retail outlet subsidiary, into Cosmetic Center, which operates 69 specialty retail stores, primarily in the Middle Atlantic region and in Chicago. Prestige Fragrance & Cosmetics is a chain of 198 retail stores located primarily in outlet malls.

Copyright November 1996, Crain Communications Inc.

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