FBI to look into suspicious bid for Avon: WSJ

(Reuters) - FBI officials have started to review a suspicious buyout bid for cosmetics company Avon Products Inc by purported acquirer PTG Capital Partners, Wall Street Journal reported, citing people familiar with the matter. The SEC, which was running a separate civil probe, has shared information with the FBI, the people said. PTG Capital Partners said in an SEC filing on Thursday that it would pay $18.75 per Avon share, sending the company's stock up as much as 20 percent. According to