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Investigation Overview
May 22, 2012 (Update) -- On May 10, 2012 it was reported that Coty Inc has raised its bid for Avon Products Inc to $24.75 per share, up $1.50, but said it would withdraw its offer if Avon Products, Inc. did not enter into discussions by May 14. Then on May 14, 2012, Coty Inc. announced that it has sent a letter to the Avon Products, Inc., Board of Directors and withdrew its takeover b...
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