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The beauty company reaffirms interest in Avon.
April 16, 2012
By: Jamie Matusow
Editor-in-Chief
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/.
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