1. Avon Shareholders Call for Sale, Sending Shares Higher

    Avon Shareholders Call for Sale, Sending Shares Higher

    A group of shareholders of Avon Products led by activist investor Shah Capital has called for the cosmetics maker to explore strategic alternatives, including a possible sale. Avon's shares were up nearly 6 percent at $2.57 in premarket trading on Monday. The shareholder group, which also includes Barington Capital Group and NuOrion Partners, said it was "extremely disappointed" with falling price performance and leadership of the company...

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