Whirlpool to finally having a good harvest increase several times, the United States and Thailand removed the board last Friday, said Ripplewood's previous recommendation, the Whirlpool bid as the optimum bid.
To last Wednesday, Whirlpool has bid three times to reach 21 dollars per share to acquire the stock by half cash half way. In contrast, Ripplewood bid 14 dollars per share, it becomes relatively shabby. The Whirlpool with Mattel and Ripplewood's breakup fee 40 million U.S. dollars have been ready. Industry analyst firm Morgan Keegan analyst Laura Qian Pan (LauraChampine) said: "Whirlpool's offer is enough to win the United States and Thailand, a week, Whirlpool and Maytag will officially hand, Ripplewood will be out."
This year in May, the United States and Thailand's Board of Directors has recommended that shareholders accept the Ripplewood offer, and decided on August 19 at the company headquarters in Newton, Iowa, on whether to accept Ripplewood's offer to vote.
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