HEALTH CARE
<i> Times Staff and Wire Reports</i>
Dep Corp. Considers Sale, Other Alternatives: The troubled Rancho Dominguez company said it is “exploring strategic alternatives” that may include a business combination, sale of assets, strategic investment or refinancing, and that it has had “preliminary discussions with third parties” about such alternatives. The company has hired Donaldson, Lufkin & Jenrette Securities Corp. as its financial adviser. Dep makes and markets a variety of hair, oral and skin care products under such names as Dep, L.A. Looks, Agree and Lavoris. Dep Class A shares tumbled $1 to $1.875 in Nasdaq trading.
