165. What best describes the style Ms. Kahn prefers?
(a) Modern
(b) Homely
(c) Practical
(d) Sophisticated.
Byron rejects $29.5 billion offer
Drugmaker Byron rejected a $29.5 billion hostile takeover bid by Crotrex after a long meeting at
Byron’s company headquarters in Baltimore.
Calling the bid inadequate after beating market expectations for two consecutive quarters,
Byron’s
chief Floyd Lehman hinted the company might be willing to deal “if Crotrex doesn’t undervalue
Byron,” which is currently worth about $39 a share.
Yet a spokesman for Crotrex said it would be unwilling to negotiate the price but would consider
changing other terms of the agreement. Talks are expected to resume next week.
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