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Provider: S&P Capital IQ Factual Report
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: GlobalData

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CVSL Inc Offers To Acquire Blyth Inc For $16.75 Per Share

Tuesday, 29 Oct 2013 11:23am EDT 

CVSL Inc announced that it has proposed a business combination with Blyth, Inc., under which CVSL would acquire all public common shares of Blyth for a per share consideration of $16.75, representing a 35% premium over the 90-day simple moving average price for the period ending October 24, 2013. The $16.75 per share price proposal represents a premium of 35% above the 90 day simple moving average ending October 24, 2013, payable in the form of $269.54 million in cash. CVSL would provide each Blyth shareholder with the ability to choose whether to receive the consideration in cash or CVSL common stock. 

Company Quote

0.05 +9.62%
22 Apr 2014