Lauder picks up Stila cosmetics

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Estee Lauder Cos., New York, reached an agreement to buy Stila, a Los Angeles-based cosmetics marketer. The transaction is expected to close this month. Lauder creates most of its advertising in-house with Bates Manhattan handling media; Stila's agency for media and creative is the Press Cabinet, Los Angeles.

Copyright August 1999, Crain Communications Inc.

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