Lone Star Offers $31 Per Share to Acquire Hillenbrand
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Lone Star has offered $31 per share to acquire Hillenbrand Inc., revising its initial proposal of $34 per share due to due diligence findings. The proposal includes an incentive equity plan and restricts dividend payments by Hillenbrand until closing. Hillenbrand has made additional disclosures in response to shareholder actions, asserting the claims are without merit.
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