M&F Worldwide Corp. (NYSE:MFW) and MacAndrews & Forbes Holdings Inc. ("MacAndrews & Forbes") announced that they have entered into a definitive merger agreement under which MFW will be merged with a subsidiary of MacAndrews & Forbes and all outstanding shares of MFW common stock not owned by MacAndrews & Forbes will be converted into the right to receive $25 in cash per share. MacAndrews & Forbes currently owns approximately 43% of the outstanding shares of MFW common stock.
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(MFW, CLNO, FSC, HTZ) Stock Updates by BestOtc.com
September 15th, 2011 at 09:08 am