Author: 123jump.com Staff
123jump.com
Last Update: 2:50 PM ET August 22 2005
Maytag finally agreed to merge with Whirlpool but at a significantly higher price of $21 per share compared to the first bid received at $14 per share from Triton. Triton is not crying, for less than three months of work and simply for offering to buy Maytag it got break up fee of $40 million.
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