Richardson-Vicks Becomes ‘White Knight’ Quote from $step one 2 Billion Of P Los angeles Minutes

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  • Specialist Right back reasoned one to elimination of one operation will make Richardson-Vicks a lot less attractive to various other bidder.
  • Whenever a friends is actually up against an undesirable takeover, a light knight can come to your conserve.

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You could from time to time receive advertising content from the La Times. The fresh arrangement is designed to ensure that a new bidder manage view it extremely hard discover Richardson-Vicks during the a good rates. “It’s a very intimate fit,” said Robert W. Straight back, a specialist that have Rodman & Redshaw in the Chicago. The expense of Richardson-Vicks flower $4.fifty a percentage to $68 Friday to the Ny Stock market, with more than step one.cuatro million shares exchanged.

Paramount to invest $122.5 million to settle suit over CBS deal

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