No Merger Vote: The B. Manischewitz Co....

No Merger Vote: The B. Manischewitz Co. said that at its special shareholders meeting on Monday it will not consider the $44.6-million buyout offer made by Beverly Hills-based Levine, Tessler, Leichtman & Co., dashing prospects for a revived merger plan between the two firms. The companies had reached a preliminary merger agreement, but then broke off talks on Monday after differences emerged. Manischewitz also said it received a demand by Levine Tessler for a termination fee and expenses totaling $3.4 million as a result of the alleged failure by Manischewitz to try its best to complete the proposed merger.