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Shoulda, woulda, coulda taken Coty bid.
January 23, 2015
By: TOM BRANNA
Editor
Hindsight is 50/50….a 50% discount that is. Even though Avon's share price has risen 8% in the past couple of days on reports that the company is in talks with the private-equity firm TPG about a potential takeover, analysts and investors were left to wonder what might have been. After all, back in 2012, Coty had offer to pay $24.75 a share for the world's largest direct seller. Even if a potential buyer paid a 50% premium to Avon’s current trading price, the buyer would get A...
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