PE Firm To Pay $752M For Food Service Co. Spotless
Spotless stockholders will get AU$2.71 per share.
The chase was long, but the price for Melbourne-based Spotless budged little. Blackstone first made an $2.50 per-share offer in May 2011, valuing the company at $657 million, which was rejected. PEP later went as high as $2.68, but in February...
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