Avon Statement

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Go back to Avon Statement

Avon (AVP) Whipsawed By Apparent Hoax

May 14, 2015 1:33 PM EDT

Avon Products Inc. (NYSE: AVP) investors went on a wild ride after a bizarre SEC filing describing an $18.75 per share offer briefly sent shares up over 15%. Gains were short-lived, however, as questions about the legitimacy of the offer surfaced almost immediately.

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Avon Products (AVP) Has Not Received Any Offer from PTG Capital Partners

May 14, 2015 1:02 PM EDT

In response to an SEC filing made by an entity purporting to be named "PTG Capital Partners," Avon (NYSE: AVP) reports that it has not received any offer or other communication from such an entity and has not been able to confirm that such an entity exists.

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