NEW YORK, April 2, 2012 /PRNewswire/ -- Harwood Feffer LLP
(www.hfesq.com) is investigating potential claims against the board
of directors of Avon Products, Inc. ("Avon" or the "Company") (NYSE: AVP) concerning
the proposed acquisition of the Company by Coty Inc.
("Coty").
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On April 2, 2012, it was announced
that Coty had offered to acquire all outstanding shares of the
Avon common stock. Under the
proposal, Avon shareholders would
receive $23.25 in cash per share
held. The Avon board of
directors rejected the offer.
Our investigation concerns whether the board of directors is
fulfilling its fiduciary duties, maximizing the value of
Avon, disclosing all material
benefits and costs and obtaining full and fair consideration for
Avon shareholders.
If you own Avon shares and wish
to discuss this matter with us, or have any questions concerning
your rights and interests with regard to this matter, please
contact:
Robert I. Harwood, Esq.
Benjamin Sachs-Michaels
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212) 935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the firm.
Attorney Advertising. © 2011 Harwood Feffer LLP. The law firm
responsible for this advertisement is Harwood Feffer LLP
(www.hfesq.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter.
SOURCE Harwood Feffer LLP