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Headline: Dexter’s drastic defence Source: Euromoney Date: February 2001 Author: Antony Currie Client: Dexter CorporationType of advice: defence of hostile bid from International Specialty ProductsAdvisor: Lehman Brothers The history behind International Specialty Products’ attempt to buy the Dexter Corporation dates back to 1998. Dexter was in the process of buying a controlling stake in a company called Life Technologies, with a view to a takeover. ISP started to buy stakes in both companies as a way of halting the deal. |
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