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WHIRLPOOL BID FOR MAYTAG BOOSTED TO $21

August 12, 2005

Whirlpool has increased its offer for Maytag to $21 per share. Other than the price change, the increased bid appears to be the same package we discussed earlier this week.

An analysis of the reverse merger structure used in Whirlpool's bid, prepared by Robert Willens for Tax Analysts, is available for public viewing today courtesy of the TaxProf Blog.

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