By  on May 14, 2012

Avon Products Inc. every so slightly opened the door to Coty Inc. Sunday, saying it would take a week to consider the company’s request for information that would help it firm up its $10.65 billion takeover offer.

“Avon’s board of directors, in conjunction with management and the company’s financial and legal advisors, will consider Coty’s letter dated May 9, 2012,” the company said. “Avon’s board expects to respond within a week.”

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