Real-Fresh limited a stock repurchase offer to...
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Real-Fresh limited a stock repurchase offer to the first 10,000 shares offered, an indication of confidence that it can thwart a takeover attempt without buying up all its shares for $43 each. A bid for the Visalia milk products manufacturer made earlier by Zausner Corp. of Pennsylvania prompted the company to launch a repurchase plan. It decided that a less ambitious act would suffice, a spokesman said, “because a substantial majority of shareholders are not inclined to sell to Zausner.”
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