Pat McGrath Labs secures $30M financing after filing Chapter 11 bankruptcy
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Pat McGrath Labs secures $30M financing after filing Chapter 11 bankruptcy
Pat McGrath Labs secured new funding that supports its reorganization and leadership changes. On Feb. 17, the company announced $30 million in financing from existing lender GDA PMG Funding, Retail Dive reports. The Chapter 11 bankruptcy process continues as GDA Luma plans to take a controlling equity stake in Pat McGrath Cosmetics. Founder Pat ...
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