Hoover’s Gets New Buyout Bid


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.

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