Speculating in Takeover Targets Message Board

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Strategies & Market Trends : Speculating in Takeover Targets

ULBI 7.040

+2.3%

Nov 5 3:59 PM EST

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To: richardred who wrote (3045)	5/3/2012 4:28:21 PM
From: Bocor	Read Replies (2) of 7242

Avon ( AVP) jumps at the close, +5.5%, on a report Richmont is arranging financing for a bid. Richmont Holdings, the owner of Mary Kay and Dirt Devil, is putting together an offer for AVP to rival the $10B bid from Coty that Avon rejected last month. AVP is up 9.2% since the news broke at market close.

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