Tuesday, April 03, 2012

Ding Dong, Coty Calling

Coty offers to buy world's largest cosmetics direct seller Avon Products Inc. for U.S. $10 billion. Avon rejected the offer saying ...
it "substantially undervalues" the company and said a new CEO will create a "greater opportunity" to increase Avon's value beyond what Coty was offering.
In the 1950s and 1960s, Avon was recognized widely by its "Ding Dong, Avon Calling" advertisements.

Read the entire article here.

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