Is this the beginning of merger season?
Julia Coronado Apr 2, 2012
The beauty and fragrance company Coty went public with its offer to buy rival Avon for about $10 billion -- that's an offer Avon so far has rejected. And Express Scripts and Medco -- two companies that process prescriptions at the drug store -- have gotten federal approval for their merger.
Avon rejects $10 billion takeover offer by Coty
David Gura Apr 2, 2012
Coty is world's biggest perfume maker, making scents for the likes of Calvin Klein and Stetson. In a statement, Avon said it wants nothing to do with the offer.
Avon hopes to rebound without help of Coty
Stacey Vanek Smith Apr 2, 2012
The door-to-door make up company Avon got a buyout offer this morning from Coty for $10 billion. Coty is world's biggest perfume maker. It makes perfume for the likes of Calvin Klein and Stetson. In a statement, Avon said it wants nothing to do with the offer.
Chief Avon lady to be replaced
Bob Moon Dec 14, 2011
Longtime CEO Andrea Jung will step aside as Avon faces management and growth challenges. She will remain chairman of the cosmetics firm.
