Taylor Swift and Justin Bieber couldn’t turn around the cosmetics brands.

The long misery of Elizabeth Arden shareholders is at an end.

Rival beauty company Revlon is buying Elizabeth Arden in an all-cash deal for $14 per share, giving its struggling rival an enterprise value of $870 million including debt.

— Read more at Revlon Comes to the Rescue of Elizabeth Arden in $870M Deal at Fortune.