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Blyth, Inc. Announces Acceleration of Stock Option Vesting

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By: TOM BRANNA

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The Company announced that its board of directors approved the acceleration of the vesting of all outstanding, unvested stock options. All other terms and conditions applicable to such options, including exercise prices, remain unchanged. As a result, options to purchase approximately 350,000 shares became exercisable immediately. Based on Friday’s closing price of $20.11, virtually all of the stock options have an exercise price below fair market value at this time. The company will recor...

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