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Avon Products Inc. Message Board

  • larry_the_frog larry_the_frog Oct 23, 2012 6:23 PM Flag

    good value for shareholders out of successful

    Also, speculations are making rounds on the market that the new Chairman, Fred Hassan, known for taking potential acquirers to table and bringing a good value for shareholders out of successful acquisition deals, will be able to do something similar for Avon's shareholders. That is probably why the stock jumped to cross the $17 mark for the first time in months. However, bear in mind that Avon refused Coty's lucrative takeover offer earlier this year and the board may not be in favor of taking any more such offers in the near future--assuming there comes another good offer (which I don't see happening anytime soon).

    Sentiment: Buy

 
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