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InterMedia re-raises, upping its bid for Outdoor Channel Holdings (OUTD +5.9%) to $9.75 in cash...

InterMedia re-raises, upping its bid for Outdoor Channel Holdings (OUTD +5.9%) to $9.75 in cash to top Kroenke's $9.35 bid from yesterday. The action now moves back to Kroenke. The stock's currently at $10.02, suggesting Kroenke isn't about to fold.
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Comments (7)
  • Chris DeMuth Jr.
    , contributor
    Comments (4371) | Send Message
     
    I would agree that Kroenke isn't about to fold.
    3 May 2013, 10:50 AM Reply Like
  • Zenith Strategies
    , contributor
    Comments (459) | Send Message
     
    I love the channel to watch. Are they worth the premium?
    3 May 2013, 01:26 PM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (4371) | Send Message
     
    I think so.
    3 May 2013, 01:34 PM Reply Like
  • Special Situations and Arbs
    , contributor
    Comments (588) | Send Message
     
    Kroenke has until tomorrow after the bell to bid again or else OUTD goes for 9.75.......wonder if the fact that they are taking their time rebidding means they won't rebid
    8 May 2013, 10:48 AM Reply Like
  • SA Editor Stephen Alpher
    , contributor
    Comments (546) | Send Message
     
    Stock's at $10.02 right now. Someone's going to make some money if no new bid arrives.
    8 May 2013, 11:14 AM Reply Like
  • Chris DeMuth Jr.
    , contributor
    Comments (4371) | Send Message
     
    Outdoor Channel Agrees to Increase to $10.25 Per Share in Transaction With Kroenke Sports & Entertainment: http://bit.ly/171cyvY
    8 May 2013, 09:10 PM Reply Like
  • SA Editor Stephen Alpher
    , contributor
    Comments (546) | Send Message
     
    Termination fee upped to $7.5M - does Kroenke no longer want to be topped?
    8 May 2013, 09:17 PM Reply Like
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