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Emhart Will Consider New Bid: Officials of...

Emhart Will Consider New Bid: Officials of Black & Decker Corp., which has agreed to buy Emhart Corp. in a $2.8-billion takeover, said they were not worried about Emhart’s indication that it still would consider a higher bid from a rival suitor. In an SEC filing, Emhart said it offered New York-based investment partnership Topper L.P. the chance to review internal company documents if the information would help Topper formulate a higher bid. Emhart has rejected as inadequate Topper’s unsolicited $2.4-billion buyout offer. Topper investors include oil heir Gordon P. Getty.


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