More on Coty-Avon (AVP) offer: Coty's increased offer represents "$1B of incremental value" to...


More on Coty-Avon (AVP) offer: Coty's increased offer represents "$1B of incremental value" to Avon's shareholders. Coty gives Avon until Monday to respond and until the end of May to see if there's "a mutually agreeable basis for a transaction." Berkshire Hathaway (BRK.A) is providing some of the equity financing and JPMorgan (JPM) the debt. Avon +4.1 to $22.42 premarket.

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  • buyitcheap
    , contributor
    Comments (1902) | Send Message
     
    bloomberg mentioned 24.75 a share.... if Rochmonte comes in, it will have to be above 25.
    10 May 2012, 08:03 AM Reply Like
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