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Engelhard Reject BASF's Takeover Offer

Jan 24 2006

Engelhard announced that its Board of Directors rejected BASF’s all-cash offer of $37 per share for all of Engelhard’s outstanding shares and filed its response to BASF’s tender offer with the U.S. Securities and Exchange Commission. BASF is in the process of reviewing Engelhard’s filings and will respond as appropriate.”

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