Cerberus Sweetens Bid for Dorel
Cerberus Capital Management is now offering C$16.00 per share for DII, up from its initial offer of C$14.50, in the hopes of winning approval for the acquisition from non-insider shareholders. A majority of shareholders must approve the deal, not including the controlling Schwartz and Segal families, which are not selling their shares and will continue to run the Schwinn ... Log in to view full article.
