Coty jumps to record as a P&G beauty purchase would more than double its size
June 16, 2015 at 16:35 PM EDT
Coty Inc. investors are saying bigger is better: Reports that the maker of Marc Jacobs fragrance and Sally Hansen nail polish is the winning bidder for Procter & Gamble’s beauty assets sent Coty stock to its highest level since its 2013 IPO.