Word: shared
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Dates: during 1990-1999
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...March 11, Fund American offered to pay $85 per share, compared to Harvard...
...certainly would have liked to have earned it at $85 to $90 per share," says Michael S. Paquette, controller of Fund American. "But we can't go much higher than this...
Paquette says there is a "slim to none" chance that Fund American will make another bid to top Harvard's $90 per share...
Then last December, Harvard offered to buy White River at $82 a share, bringing the overall price to $400 million, which Harvard agreed to pay in cash, according to the report on the Securities and Exchange Commission (SEC). The board approved the deal...
...Paquette says, for Fund American, as the largest stockholder, buying the remaining shares in White River was financially preferable to accepting payment for the shares from Harvard at $82 a share...