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Tuesday, April 3, 2012

Coty Wields Quiet Firepower- WSJ

Coty should be taken quite seriously from Avon and I think that if they raise the price to the high 20's it's possible a deal can get done.  They bring stronger management and an excellent track record in marketing and acquisitions.  I also wouldn't be surprised to see another company enter the fray as Avon is certainly undervalued even at these prices.

http://online.wsj.com/article/SB10001424052702304750404577322052809364904.html?mod=WSJ_hp_LEFTWhatsNewsCollection

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