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 and Harbinger Up Their Applica Offers Just Hours Before Merger Vote
Jan 4, 2007
 Printable format
 Email this Article
 Search
NACCO Industries, Inc. (Cleveland, Ohio, U.S.) increased its price on a cash tender offer to purchase all outstanding shares of common stock of Applica.  The offer was raised from U.S. $7.50 per share to $7.75 per share and matches the offer price by takeover rival Harbinger Capital Partners.

Applica Incorporated (Miramar, Florida, U.S.), meanwhile, said it entered into a fourth amendment to its merger agreement with Harbinger Capital Partners after Harbinger increased the merger consideration payable for all outstanding shares of Applica that it does not currently own to $7.75 per share in cash.

The moves come just hours before a reconvened special meeting of Applica shareholders, called for today to vote on the proposed Harbinger merger.

Back to Daily News

 

Daily News

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

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Consumer Confidence Index rebounds in October

Oct 29, 2014: New home sales up slightly in September 2014

Oct 29, 2014: Restaurant customers are using technology more frequently

Oct 29, 2014: Canadian HVAC/R wholesaler sales up 5.3% so far in 2014

More Daily News>>

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

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

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
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 | Plastics Today | Powder Bulk Solids | Canon Trade Shows