Philips NV has sweetened its $50 a share cash tender offer for the 42% of North American Philips Corp it doesn’t already own by adding a warrant for one new Philips NV share for each North American Philips held, exercisable at $31 any time up to December 31 1992: Philips shares are currently trading at […]
Philips NV has sweetened its $50 a share cash tender offer for the 42% of North American Philips Corp it doesn’t already own by adding a warrant for one new Philips NV share for each North American Philips held, exercisable at $31 any time up to December 31 1992: Philips shares are currently trading at the equivalent of about $25.50.
