Breaking Beauty News: Markwins to acquire Physicians Formula

My pal Jess of Polish Insomniac blew my mind this morning, and now I'm about to blow yours. Markwins (makers of Wet n Wild and Black Radiance) is acquiring Physicians Formula.



From Bloomberg Businessweek:


Physicians Formula, based in Azusa, Calif., said Thursday that Markwins
will acquire all of its outstanding shares for $4.90 per share, which
represents a 33 percent premium to the