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Buyout Bid for Avon Is a Hoax

Posted

May 15, 2015

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May 15 -- The Securities and Exchange Commission is reviewing the fake takeover offer for Avon by a supposed private-equity firm that sent Avon’s shares higher on Thursday. Bloomberg’s Dave Michaels reports on “Market Makers.”

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The SecuritiesExchange CommissionThursday Bloombergs Dave MichaelsMarket Makers

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Buyout Bid for Avon Is a Hoax · Bloomberg Originals · Sentinel