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Avon Products rejects Coty’s $10 billion offer

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Struggling Avon Products Inc. on Monday rejected a buyout offer worth about $10 billion from beauty company Coty Inc. Coty went public with the bid for Avon Monday. It said the offer was an increase from a previous bid of $22.25 per share. The new offer is a 20 percent premium to Avon’s Friday closing [...]

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