Li Fu, Abax Boost Offer for Fushi Copperweld (FSIN) from $9.25 to $9.50/Share

In a 13D filing after the close on Fushi Copperweld (Nasdaq: FSIN), the company's Chairman and Co-CEO Li Fu and Abax Global disclosed a revised offer to acquire all the publicly-held shares at a price of $9.50 per share. The exec and Abax had previously offered to purchase all the shares at $9.25 per share.

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