Sun Chemical received a takeover offer.
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The New York-based company said the unsolicited $600.6-million buy-out offer came from a Japanese company, Dainippon Ink & Chemicals. The Japanese firm offered to pay $77 cash for each of the company’s 7.8 million outstanding shares or to buy Sun’s graphic arts materials group for $425 million. Sun Chemical said its board will consider the offer today.
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