Seeking Alpha

Minerals Technologies boost offer for Amcol

  • Not ready to throw in the towel, Minerals Technologies (MTX) increases its offer to acquire Amcol International (ACO) to $45/share in cash.
  • Last week, ACO approved a $42.75/share merger agreement with Imerys (IMYSF), which had raised its bid in response to a $42.50/share proposal from MTX.
  • ACO +2.4% premarket.
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