Cosmetics company Avon has rebuffed a $10 billion buyout offer by Coty — a company known for products like its Lady Gaga and Calvin Klein fragrances. Avon says the Coty bid undervalues the company. Avon has annual revenue of more than $11 billion.
Avon Rejects Coty's Buyout Offer As Too Low
News & Features Wendy Kaufman · NPR ·