Federal regulators are looking into trading activity that preceded Coty Inc.'s $10B offer to buy...

|By:, SA News Editor

Federal regulators are looking into trading activity that preceded Coty Inc.'s $10B offer to buy Avon (AVP). Earlier this week regulators requested phone records from AVP, although it's not yet clear what exactly the SEC's looking for. A spokesman for the company says it's fully cooperating with investigators. AVP +1.4% AH.