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CVSL Plans Larger Bid for Blyth (BTH)

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Blyth (BTH) Rejects $16.75/Share Bid from CVSL

November 15, 2013 8:01 AM EST

Blyth, Inc. (NYSE: BTH) announced that its Board of Directors, after careful review and consultation with its legal and financial advisors, has unanimously rejected the unsolicited conditional proposal from CVSL, Inc. to acquire Blyth.

The Board of Directors announced further that it had retained the law firm of Wachtell, Lipton, Rosen and Katz to provide legal services and Jefferies LLC to provide financial advisory and similar... More