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Forma Brands, the bankrupt owner of the Morphe makeup brand, reached an agreement with lenders Jefferies Finance LLC and Cerberus Capital Management to be acquired in exchange for $690 million in debt relief, according to a court filing.
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Morphe's parent company has filed for bankruptcy after influencer-fueled rise alongside Jeffree Star, James Charles in the late aughts
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Parent company of makeup brand Morphe to be acquired; files for Chapter 11
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Morphe's parent company Forma Brands files for Chapter 11 bankruptcy
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