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MAYTAG ACCEPTS WHIRLPOOL $21 OFFER
August 22, 2005
Maytag and Whirlpool have entered into a definitive merger agreement. We have updated our analysis of the effect on shareholders to reflect the $21 price - which is subject to adjustment as part of the agreement.
Links:
SEC filing on today's agreement (includes a good Q&A section on the deal).
Maytag Signs Whirlpool $2.7B Offer (MarketWatch.com)
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Comments
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(Please forgive me in advance)
Is this some sort of money laundering scheme, or were the books being cooked? Sorry, the story just needed some spin, so I lint you a hand.
(Ugh)
Posted by: hgstern | August 23, 2005 1:37 PM
I understand that they really put the negotiators through the wringer...
Posted by: Joe Kristan | August 23, 2005 4:50 PM