Buckeye raises bid for Merfin once again

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Specialty pulp producer Buckeye Cellulose Corp. of Memphis, Tennessee increased its takeover bid for Merfin International Inc., the Canadian, Delta, B.C.-based nonwovens producer from C$7 per share up to C$7.50 per share or C$210m. Buckeye was prompted to do so because of the US nonwovens manufacturer Polymer Group ...

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