Summary:

Hoover’s Gets New Buyout Bid of $8/Share: Corporate data provider Hoover’s said its board will consider a buyout offer from two private inve…

Hoover’s Gets New Buyout Bid of $8/Share: Corporate data provider Hoover’s said its board will consider a buyout offer from two private investment firms–Austin Ventures and Marathon Partners–that values the company at $8 per share and tops a $7-per-share offer from D&B it had already agreed to accept. The new offer represents a 14.3 percent premium over D&B’s bid and Hoover’s closing stock price of $7 on the Nasdaq stock market on Thursday.

You’re subscribed! If you like, you can update your settings

By Rafat Ali

You're subscribed! If you like, you can update your settings

Related stories

Comments have been disabled for this post