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Armor Holdings raises bid for Stewart & Stevenson Services Inc.
Florida Times-Union (Jacksonville, FL)
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May 16, 2006
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COPYRIGHT 2006 The Florida Times-Union. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Byline: Mark Basch
May 16--Armor Holdings Inc. Monday said it raised its offer to buy Stewart & Stevenson Services Inc., amid shareholder discontent over Stewart's rejection of a higher bid.
Stewart in February accepted a $35-a-share bid from Jacksonville-based Armor despite a $35.50 bid from Oshkosh Truck Corp. With some shareholders balking at the Armor deal after learning of Oshkosh's offer, Armor over the weekend agreed to up its offer to $36.50.
Proxy statements filed by Houston-based Stewart, which makes military tactical vehicles, say the ...
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Joseph Beuys, medicine man
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The art behind the man Joseph Beuys was more talented than he let on
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On Beuys.(sculptor Joseph Beuys, Dia Center, New York, New York)
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