Richardson-Vicks Gets ‘White Knight’ Bid of $step 1 2 Billion Of P La Times

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  • Specialist Straight back reasoned one to elimination of one operation tends to make Richardson-Vicks much less attractive to various other bidder.
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You could periodically discovered advertising and marketing articles regarding the Los angeles Minutes. The newest arrangement is designed to make sure an alternative bidder perform see it extremely difficult to locate Richardson-Vicks during the a fair speed. “It’s a very personal match,” said Robert W. Right back, an expert having Rodman & Redshaw inside Chicago. The expense of Richardson-Vicks flower $4.fifty a share in order to $68 Monday to the Nyc Stock market, with over step one.cuatro million offers replaced.

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