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Avon Rejects Coty's Buyout Offer As Too Low

by Wendy Kaufman, NPR
April 3, 2012

Cosmetics company Avon has rebuffed a $10 billion buyout offer by Coty — a company known for products like its Lady Gaga and Calvin Klein fragrances. Avon says the Coty bid undervalues the company. Avon has annual revenue of more than $11 billion.

Broadcast Dates

  • Morning Edition, April 3, 2012
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