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Dine Brands board rejects $39-a-share takeover proposal from Arkhouse and Cobblers Cove, whose economic exposure is put at about 19.2%
SEC filings show Arkhouse and Cobblers Cove proposed to buy Dine Brands for $39.00 a share in cash on 26 October, and the board rejected the proposal three days later.
Smith & Wesson buys Savage for about $164.9 million, giving the seller's owners 16.7% and a board seat
SEC filings show Smith & Wesson Brands paid 8,993,968 shares and $42.4 million in cash for Long Range Intermediate LLC, leaving the seller's owners with 16.7% of the company.
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