Company News, Financial News

Avon To Barington: Take Your Plan and…

Interest in direct seller heats up.

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By: TOM BRANNA

Editor

After months, no years, of feeling under appreciated, Avon Products is feeling the love—but it's not reciprocating just yet. The direct seller of beauty products has not one, but two suitors for all or part of its business. Early yesterday, came word that Avon was mulling the sale of its North American business to Cerberus, the investment group. Later, private equity investors led by Barington Capital Group, which owns 3% of Avon, urged Avon's board to reject the Cerberus offer, s...

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