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October 1, 2001
By: TOM BRANNA
Editor
NCH Corp., a manufacturer of I&I cleaning products as well as fasteners, welding alloys and plumbing parts, said today its board had received a $47.50 per share buyout offer from President and Chairman Irvin Levy and his brother Lester Levy on behalf of Levy family members who currently own about 57% of the company’s stock.Under the proposal, set forth in a letter to the company’s board of directors, the Levy family would acquire the shares of NCH common stock they do not curren...
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