M & F Worldwide Corp Trading over 44% Higher after Earlier Announced Acquisition for $24/Share

by Allie Wickman, Benzinga Staff Writer

June 13, 2011 9:50 AM | 20 seconds read | Make a Comment

MacAndrews & Forbes Holdings Inc. today announced that it has proposed a transaction pursuant to which M & F Worldwide Corp.

MFW

would be merged with a subsidiary of M&F and all outstanding shares of common stock of MFW not owned by M&F would be converted into the right to receive $24.00 in cash per share. Read more

here

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M & F Worldwide Corp Trading over 44% Higher after Earlier Announced Acquisition for $24/Share