Pantry Pride sweetened its offer for Revlon.

The Fort Lauderdale, Fla.-based company boosted its offer to $56.25 a share from $53. The move came four days after Revlon agreed to be taken private and split up through a $56-a-share leveraged buy-out by Forstmann, Little & Co. Revlon, which has rejected Pantry Pride’s previous takeover attempts, also dismissed Pantry Pride’s latest proposal. Pantry Pride said its latest cash offer is conditioned on Revlon dropping its “poison pill” defense.