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Coty reaffirms its $23.25-a-share bid for Avon Products (AVP) in a letter addressed to the...

Coty reaffirms its $23.25-a-share bid for Avon Products (AVP) in a letter addressed to the Andrea Jung that highlights its ability to line up financing to complete a deal. The company says it wants to be invited to do more due diligence before considering any increase in its offer.
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