Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

NACCO Increases Offer for Applica to $7/Share
Dec 22, 2006
 Printable format
 Email this Article
 Search

NACCO Industries, Inc. (Cleveland, Tennessee, U.S.), parent company of small appliance maker Hamilton Beach/Proctor-Silex, said that through an indirect, wholly owned subsidiary, it increased the price in its cash tender offer to purchase all of the outstanding shares of common stock of of Applica Incorporated (Miramar, Florida, U.S.).  The increase takes the offered price from U.S. $6.50 per share to $7.00 per share.

The Applica board last week recommended shareholders not accept the NACCO offer because, among other reasons, the price per share being offered by NACCO was no higher than the $6.50 being offered by Harbinger Capital Partners.

Back to Daily News

 

Daily News

...........................................................

Aug 14, 2014: Electrolux In Talks to Acquire GE Appliances

Aug 14, 2014: June U.S. Cutting Tool Consumption Strongest of 2014

Aug 13, 2014: Manufacturing Technology Orders Up in June

Aug 13, 2014: Toshiba Appliance/Electronics Segment reports Higher 1Q Sales

Aug 12, 2014: Fagor Operations in Spain to Restart Under New Owner CNA

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows