The 154-year-old company said the private equity group had agreed to pay $65
This, the company said, was a 26% premium to the average price of the stock
over the 30-day period when rumours began circulating about a possible buyout.
The deal will see Warburg Pincus take on about $830m (£415m) of debt.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements