Shares of Avon (AVP) shoot up 8.4% in premarket trading after its board decides to consider...

|About: Avon Products, Inc. (AVP)|By:, SA News Editor

Shares of Avon (AVP) shoot up 8.4% in premarket trading after its board decides to consider Coty's upped offer of $10.7B. Coty for its part says it's willing to agree to a standstill provision that would stop any further public steps to acquire the company as long as Avon allows it to conduct due diligence.