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Berger Paint’s Jamaican Operation Is Now The Target Of An Acquisition Attempt – Jackson

Berger Paint’s Jamaican Operation Is Now The Target Of An Acquisition Attempt – Jackson

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IC Insider.com is reporting that Berger Paint’s Jamaican operation is now the target of an acquisition attempt, by yet to be confirmed investors.
Commenting on the prospect further, noted financial analyst and publisher of IC Insider.com John Jackson, indicated that he knew as a fact that an offer was made on Thursday but was rejected by Berger as inadequate and would not involve taking over the staff.  Another source he said indicated that the parties are in discussions on terms, with the price set at $20 per share based on the stocks traded price last week.BM

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