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Friday, November 15, 2013

Blyth Rejects CVSL's $16.75-per-Share Offer

Greenwich, Conn.-based Blyth Inc., which sells candles, home accessories and weight-loss products through home parties and other methods, said that direct selling company CVSL made its offer Oct. 25. The $16.75 offer, to be paid in either CVSL shares or cash, was a 31% premium to Blyth's closing price of $12.76 on Oct. 25. Blyth highlighted five ... (more)


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