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The U.S. subsidiary of cosmetics maker L’Oreal Group on Monday won court approval to buy beauty product customer data from bankrupt department store chain Bon-Ton Stores Inc for nearly $313,000.
Judge Mary Walrath of the U.S. Bankruptcy Court in Delaware approved the sale after a court-appointed privacy ombudsman released a report last week signing off on the deal. L’Oreal emerged as top bidder for the data in a July auction of Bon-Ton intellectual property.
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Written by Jimmy Christie for Reuters