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NATIONAL AMUSEMENTS AGAIN UPS VIACOM <VIA> BID |
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Viacom International Inc said <National |
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Amusements Inc> has again raised the value of its offer for |
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Viacom's publicly held stock. |
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The company said the special committee of its board plans |
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to meet later today to consider this offer and the one |
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submitted March one by <MCV Holdings Inc>. |
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A spokeswoman was unable to say if the committee met as |
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planned yesterday. |
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Viacom said National Amusements' Arsenal Holdings Inc |
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subsidiary has raised the amount of cash it is offering for |
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each Viacom share by 75 cts to 42.75 dlrs while the value of |
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the fraction of a share of exchangeable Arsenal Holdings |
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preferred to be included was raised 25 cts to 7.75 dlrs. |
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National Amusements already owns 19.6 pct of Viacom's stock. |
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