Anchor Glass Acquired for About $800 million:...

Anchor Glass Acquired for About $800 million: The huge Mexican glass company Vitro SA announced that it had signed a definitive agreement to buy Anchor Glass Container Corp. and Latchford Glass Co. of California for more than $900 million. The Anchor deal, valued at about $800 million, would be the largest Mexican takeover of a U.S. company, Vitro said. Vitro’s protracted effort to take over Tampa-based Anchor, the nation’s second-largest glass company, won approval by Anchor’s directors after the glass giant raised its cash tender offer for Anchor stock to $21.25 from $20 a share. Vitro earlier announced a friendly merger agreement with Latchford, a small, privately owned glass maker based in Huntington Park, Calif.