CVSL Plans Larger Bid for Blyth (BTH)

November 15, 2013 3:40 PM EST
The chairman of CVSL Inc.'s investment committee, John Rochon Jr., said today that CVSL continues to believe that a combination between CVSL and Blyth, Inc. (NYSE: BTH) is in the best interest of shareholders from both companies.

"We will amplify our proposal to Blyth in due course," said Mr. Rochon. "Based on the Blyth board's initial comments, it is not clear to us that they have a full understanding of our proposal."

*** Note, CVSL's prior bid was $16.75 per share for Blyth.

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