By  on October 24, 2017

One of Revlon Inc.’s minority shareholders has taken issue with chairman Ronald Perelman’s recent share buying spree.

Perelman, also the chairman and chief executive officer of MacAndrews and Forbes Inc., has spent the past few months quietly upping his ownership at Revlon, which now stands at 84.6 percent. But Mittleman Brothers Investment Management, which owns about 5.7 percent of Revlon, has voiced concern that Perelman will try to take the company over and squeeze out minority shareholders.

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