MACANDREWS AND FORBES HOLDINGS BIDS FOR REVLON McAndrews and Forbes Holdings Inc said it will offer 18.50 dlrs per share for all of Revlon Group Inc's <REV> outstanding common stock. McAndrews said terms of the acquisition have not been determined and are subject to the acquisition of financing. Revlon closed yesterday on the New York Stock Exchange at 14-3/4. The company said it would bid for all stock it or its affiliates do not already own. McAndrews and Forbes said it informed the board of directors of Revlon that it expects to make a formal proposal in the near future. It also said there can be no assurance as to the terms of the proposals or that the deal can be concluded.