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(From Financial Post)
BASF AG extended its US$4.9-billion bid for Engelhard Corp. for a fourth time as it seeks to persuade investors in the world's biggest maker of catalytic converters to tender their stock. It indicated it may increase the offer. Engelhard holders now have until April 28 to tender their shares to BASF, the Ludwigshafen, Germany-based company said yesterday. Less than 1% of shares have been submitted ...