Quick Update: Altadis rejected the buyout offer from imperial (7.8 Billion GPB / 11.5 Billion Euro) …
Written on Tuesday, March 20th, 2007
Quick Update:
Altadis rejected the buyout offer from imperial (7.8 Billion GPB / 11.5 Billion Euro) saying Imperial’s offer had failed to “reflect the strategic value of the company, its unique and diversified assets, as well as [its] future growth prospects.”
Imperial is reportedly considering a new offer.
Perhaps Altria will get a chance after all.
Source: TimeOnline
continue reading original article at Imperial offer to buyout of Altadis fails… for now. - from the StogieCast.com a cigar Blog for cigar enthusiasts! website.
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