Saturday, May 26, 2007

Liquor Barn backs higher bid by rival Liquor Stores

(Reuters) - That is a 48.2 percent premium above the closing price of
the Liquor Barn units on April 9, the day before the initial
offer for the retailer. The new offer will expire on June 7.




Liquor Stores previously offered 0.53 of a unit for each
Liquor Barn unit, for an implied value of C$11.57 a unit.


Read more at Reuters.com Mergers News

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