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Ciba wins bidding war for Allied Colloids. (Ciba Specialty Chemicals; Allied Colloids Group...

Specialty chemical supplier Allied Colloids, Bradford, U.K., was the subject of a recent bidding war between Hercules, Wilmington, DE, and Ciba Specialty Chemicals, Basel, Switzerland, with the latter winning the battle in mid-January with a 205 pence per share bid. According to a recent Wall Street Journal article (1/21/98) Hercules, which had twice increased

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