Dep in "preliminary discussions with third parties" regarding strategic alternatives.
This article was originally published in The Rose Sheet
Executive Summary
DEP EXPLORING "STRATEGIC ALTERNATIVES" WITH FINANCIAL ADVISOR Donaldson, Lufkin & Jenrette Securities, the Rancho Dominguez, CA- based hair and skin care products company announced July 11. "Among other things," Dep is considering a business combination, the sale of its assets, a refinancing or a strategic investment, the firm said, adding that it has already "engaged in preliminary discussions with third parties regarding such alternatives."