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Through the purchase, Cohen-Hatfield Jewelers has been combined into what grew to become MacAndrews Forbes Team Inc.

Holdings ln 1983, Perelman shaped MacAndrews Forbes HoIdings, Inc. Contents History Team MacAndrews Forbes Company Was launched in 1850 by Edward cullen MacAndrews and WiIliam Forbes, a supplier of licorice herb and chocolate bars.. In 1978, Perelman purchased a 40% risk in Cohen-HatfieId Jewelers, ánd in 1980, Perelman, through Cohen-Hatfield Jewelers, bought MacAndrews Forbes Co.