Issue Date: May 2, 2011
DuPont Ups Bid For Danisco
After twice extending its $6.3 billion offer to buy Danisco, DuPont has made a "best and final offer" of $6.6 billion in an attempt to win over shareholders who snubbed the earlier deal. DuPont also lowered the number of shares required to complete the deal, which it announced in January, from 90% to 80%.
The board of Danisco, a maker of enzymes and food ingredients, says the new price "represents compelling . . .
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