Monday, April 23, 2007

UPDATE 1-ACS bid raised to $62/share by Cerberus, Deason

(Reuters) - Affiliated Computer's chairman and founder, Darwin Deason, said in a statement that he and investment fund Cerberus Capital Management LP "had made no progress whatsoever" in attempts to negotiate to take the company private.

Affiliated's board had set up a special committee to review the proposal.


Read more at Reuters.com Bonds News

No comments: