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Ancora Holdings said it is offering $1.2 billion to $1.4 billion in cash for H.B. Fuller’s Building Adhesive Solutions business and cited a Fortress Investment Group letter on debt financing ability.
Activist investor Ancora Holdings on Tuesday said it is offering to pay between $1.2 billion and $1.4 billion in cash for H.B. Fuller's NYSE:FUL Building Adhesive Solutions business.
Activist investor Ancora Holdings is now offering to pay as much as $1.4 billion in cash for H.B. Fuller's NYSE:FUL Building Adhesive Solutions business, Bloomberg News reported on Tuesday.