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Beauty Industry

Coty Still Eyes Avon

The beauty company reaffirms interest in Avon.

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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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