Estee Lauder completes Smashbox acquisition

NEW YORK The Estee Lauder Cos. has completed its acquisition of Smashbox Beauty Cosmetics.

Terms of the deal were not disclosed. The transaction is expected to be accretive to earnings in fiscal year 2011, before transaction and integration costs.

The Estee Lauder Cos.' brand names include Estee Lauder, Clinique, MAC, Aveda, Bumble and bumble, American Girl, Flirt! and Daisy Fuentes.

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