Parlux Fragrances Shares Jump On Acquisition News

Shares of Parlux Fragrances Inc PARL jumped about 80% after Perfumania Holdings Inc PERF announced its plans to acquire Parlux Fragrances for $170 million. PARL shares gained 80.12% to $6.25, while PERF shares dipped 25.13% to $14.75 at 10:49 am.
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Posted In: NewsM&AMoversmerger and acquisition
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