clock menu more-arrow no yes

Filed under:

What's a Billion Here and There

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

Well, looks like Coty is on a tear. Last week the cosmetics giant announced it will acquire Philosophy in a $1 billion deal with Carlyle Group and today rumormongers are, um, mongering that the company is on the cusp of buying OPI in another $1 billion cash deal. The OPI deal is expected to be announced today. [Reuters, NYP]