You can read a very detailed article about these acquisitions HERE.
What I'd like to hear from YOU is this: Do you think Coty's acquisition of CoverGirl will mean good things in the future? Do you think we'll see a whole new CoverGirl down the line? And do you think (or hope!) that Coty will start selling Max Factor again in US drugstores? I'd love to hear your thoughts about this major news in the world of drugstore beauty.