Tuesday, May 22, 2007

Outback parent says suitors raise offer

(Reuters) - Shares in OSI gained about 1 percent to $40.90 in premarket trading compared with a close of $40.41 on the New York Stock Exchange.




The investor group raised its offer to $41.15 per share from $40 per share. The previous offer would have been worth about $3.09 billion based on the company's latest share count.


Read more at Reuters.com Mergers News

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