Estée Lauder to Acquire Too Faced Beauty Brand for $1.4B

Estee Lauder to Acquire Too Faced Beauty Brand for $1.4B

Estee Lauder Cosmetics, Inc., has made a decisive move and upped the ante in its beauty industry merger and acquisition contest by acquiring the Too Faced makeup brand for $1.45 billion, the largest purchase in Lauder's 70-year history.