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Feihe International (ADY +8%) jets higher after the company receives a $7.40-a-share going...
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Wednesday, October 3, 2012, 3:32 PM ETFeihe International (ADY +8%) jets higher after the company receives a $7.40-a-share going private offer from CEO You-Bin Leng in tandem with a Morgan Stanley affiliate. The investors propose buying the company through an acquisition vehicle to be financed from cash and debt.
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