(Reuters) - The group offered to buy outstanding company shares it does
not currently own. Its $17.60 per share cash offer represents a
15.8 percent premium over the closing price on Tuesday.
Alfa Corp. said its board appointed a special committee of
its four independent directors to review, evaluate and
negotiate the proposal. The company said it does not intend to
comment further on discussions with Alfa Mutual until the
committee has made a recommendation to the full board.
Read more at Reuters.com Mergers News
not currently own. Its $17.60 per share cash offer represents a
15.8 percent premium over the closing price on Tuesday.
Alfa Corp. said its board appointed a special committee of
its four independent directors to review, evaluate and
negotiate the proposal. The company said it does not intend to
comment further on discussions with Alfa Mutual until the
committee has made a recommendation to the full board.
Read more at Reuters.com Mergers News
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