Tag: PTG Capital Partners
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Bogus Offer To Take Over Avon Turns SEC Website Into Crime Scene
On May 14, someone used the SEC’s EDGAR database to plant a bogus news release that claimed a company known as PTG Capital Partners LTD. had made an offer to buy out Avon Products Inc. for $18.75 a share. As NPR put it on May 15, this was “a huge premium.” DealBook, on May 14,…