Tuesday, March 20, 2007

Reuters Reports Apollo Management has Submitted a $40 Per Share Bid to Acquire EGL (EAGL)

Reuters reports Apollo Management has submitted a $40 per share bid to acquire EGL Inc (Nasdaq: EAGL), cites sources close to the firm.
(NOTE - yesterday, EAGL agreed to be acquired for $38 per share by the company's CEO-led buyout group)

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