DuPont (DD -0.4%) extends its $5.7B bid for Danisco (DNSCY.PK) from Feb. 22 until April 1...

|By:, SA News Editor

DuPont (DD -0.4%) extends its $5.7B bid for Danisco (DNSCY.PK) from Feb. 22 until April 1 because it had yet to receive European and Chinese regulatory approval. The extension also gives investors more time to respond to DuPont’s tender offer at a price that some shareholders, including activist fund Elliott Associates, see as too low. (PR)