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Article: Benjamin Moore To Be Acquired by Berkshire Hathaway $37.82 Per Share Offered.
- Article from:
- Business Wire
- Article date:
- November 8, 2000
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Business Editors
MONTVALE, N.J. & OMAHA, Neb.--(BUSINESS WIRE)--Nov. 8, 2000
Benjamin Moore & Co. (OTCBB: MBEN.OB) and Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) announced today that they have approved and entered into a definitive Merger Agreement which calls for a cash tender offer of $37.82 per share to holders of Benjamin Moore common stock by a wholly-owned subsidiary of Berkshire Hathaway.
The tender offer will commence no later than November 17, 2000 and will be for all of Benjamin Moore's outstanding common stock. Upon successful completion of the tender offer, the Merger Agreement calls for a merger pursuant to which the remaining ...