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Latest Stephen R. Kerrigan Stories

2006-12-04 18:00:31

Coinmach Service Corp. ("Coinmach") (Amex: "DRY", "DRA"), a leading supplier of outsourced laundry equipment services for multi-family housing properties in North America, today reported that Mac-Gray Corporation ("Mac-Gray") (NYSE: "TUC") has summarily rebuffed a merger proposal made by Coinmach. Under Coinmach's proposal Mac-Gray's shareholders would receive between $13.00 and $13.75 per share in cash. Coinmach's proposal represents a premium of between 21% and 28% over the...


Word of the Day
glogg
  • Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).
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