Summary:

D&B Won’t Raise Offer for Hoover’s: D&B will not raise its offer for online data provider Hoover’s despite a higher, competing bid that was…

D&B Won’t Raise Offer for Hoover’s: D&B will not raise its offer for online data provider Hoover’s despite a higher, competing bid that was made last week. It will seek to complete the transaction under the terms of the merger agreement. If the transaction is not completed D&B said it would “make a further announcement concerning its 2003 guidance.”

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By Rafat Ali

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