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acquisition

News & Analysis

Avon Shares Spike On Mystery Takeover Bid

Shares soared 20 percent to $8 after an apparently non-existent firm offered to buy the cosmetics company for almost three times its market value.

News & Analysis

Avon Shares Spike On Mystery Takeover Bid

Shares soared 20 percent to $8 after an apparently non-existent firm offered to buy the cosmetics company for almost three times its market value.