Seeking Alpha has an interesting article on Parlux, a perfume maker speculating that shares of the company could be bought out soon. The article points out a settlement that was generated two years ago where an interested party could not buy out the company until February 5, 2009.
Two years is a long time to ponder a buy out, and as we all know, a lot has changed since then.
Still, it may be worth investigating the company as an investment even without hopes of a buyout. Zacks ran a feature article on the company in November and had good things to say.