Monday April 23, 2012
We noted that the original door to door sales firm of Fuller Brush took bankrutpcy just a few weeks back. Now Avon sales per representative have fallen 75% over the past ten years. The reason is internet shopping. Now Coty has an unsolicited bid to buy AVP.
This just makes it harder to press the case that AVP is worth more than the 23.25 offer Coty has made.
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