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Re: Tuff-Stuff post# 31721

Monday, 03/04/2013 7:53:14 AM

Monday, March 04, 2013 7:53:14 AM

Post# of 53906
Ferro Corporation (FOE) receives a buyout offer of $6.50/share in cash and stock from A. Schulman (SHLM). The price represents a 25% premium to Friday's close. Schulman estimates the merger can achieve $35M in cost savings beyond Ferro's current targets. FOE +25% premarket.

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