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This article was originally published in The Rose Sheet
Class A common stock offering of 10 mil. shares by Lauder family announced in SEC S-3 filing May 19. An additional 1.5 mil. shares will be offered to the underwriters: Merrill Lynch, Goldman Sachs and J.P. Morgan. After the offering, the Lauder family will own 58% of the outstanding stock and control 92% of the voting power
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