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Stockholders Approve Physicians Formula Acquisition by Markwins

Posted: November 8, 2012

Physicians Formula Holdings, Inc. and Markwins International Corporation have announced that the stockholders of Physicians Formula have approved the acquisition of Physicians Formula by Markwins at the meeting of stockholders of Physicians Formula held on November 8, 2012.

Upon the closing of the transaction, Physicians Formula will be owned by Markwins. The closing is expected to occur on or before November 13, 2012, but is subject to the satisfaction or waiver of remaining closing conditions.