Borg-Warner will acquire Chilton at $33 a share.
Under the agreement, Borg-Warner will begin a cash tender offer today for any and all shares of Chilton Corp., a Dallas-based credit reporting agency. Unless extended, the offer expires at midnight Dec. 26. There are about 7.1 million shares of Chilton common outstanding. Chilton’s board of directors has unanimously approved the tender offer.
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