UPDATE: AMCOL confirms it has received counter bid from Minerals Technologies

By Siobhan Lismore-Scott
Published: Friday, 14 February 2014

Fiduciary duties require AMCOL directors to engage with Minerals Technologies

AMCOL has confirmed in a SEC filing that it has received a counter offer from Minerals Technologies (MTI), which is $1/share higher than the Imerys offer to acquire the company.

AMCOL said that so far, despite the higher offer “the company’s board of directors has not changed its recommendation...

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