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Coty Wields Quiet Firepower- WSJ

|Includes: Avon Products, Inc. (AVP)

Coty should be taken quite seriously from Avon (NYSE:AVP) and I think that if they raise the price to the high 20's it's possible a deal can get done. They bring stronger management and an excellent track record in marketing and acquisitions. I also wouldn't be surprised to see another company enter the fray as Avon is certainly undervalued even at these prices.

Disclosure: I am long AVP.