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Imerys Won’t Boost Offer Price for Amcol 2014-03-07 21:55:01.134 GMT
By Jeran Wittenstein March 7 (Bloomberg) -- Imerys won’t increase $45.25 cash offer for Amcol International after Amcol said $45.75 Mineral Technologies offer was superior. * Says would not “be able to comply with its long term value creation objectives” at higher price * Says termination fee would apply if Amcol terminates merger agreement with Imerys * NOTE: Yday, ACO calls New Minerals offer superior Statement
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To contact the reporter on this story: Jeran Wittenstein in San Francisco at +1-415-617-7203 or jwittenstei1@bloomberg.net Jeran Wittenstein, Scott Schnipper