Revlon shares climb as buyout rumors follow bankruptcy filing

A report that an Indian multinational conglomerate is considering buying Revlon Inc. out of bankruptcy drove up stock prices significantly on Friday.

Shares went up by as much as 62% after Indian English-language business and finance news channel ET Now tweeted that Reliance Industries Ltd., a company with diverse holdings in industries including energy, petrochemicals, natural gas, retail, telecommunications, mass media and textiles that's controlled by billionaire Mukesh Ambani, was considering…

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