Coty Still Eyes Avon


Posted on April 16, 2012 @ 09:12 am



Coty Inc. is still interested in Avon Products Inc. and has sent a letter to the Avon board encouraging open negotiations, according to a statement to the press. Coty announced it also accepted an invitation from AllianceBernstein to discuss its proposal and answer questions from the investment community today at 10:00 AM ET. Coty plans a live webcast of the conversation at http://coty.pressnews.net/. A replay of the webcast will be available beginning later today at http://coty.pressnews.net/.