Avon’s stock rises on report of proposed buyout
by Associated Press Published: October 12,2010
Tags: cosmetics, mergers and acquisitions, retail, stocks and bonds
NEW YORK — Shares of cosmetics and skin care company Avon Products Inc. rose 9 percent in pre-market trading today after a report that L’Oreal may be interested in making a bid for the company. A report in the U.K.’s Daily Mai said French beauty company L’Oreal SA could offer more than $44 per share [...] [...]
