Pullman Co. said it entered into a...
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Pullman Co. said it entered into a definitive merger agreement that provides for it to be acquired by Forstmann Little & Co. for $9.25 in cash per share, or about $380 million. Forstmann Little, a New York-based private investment firm with diverse corporate holdings, said it will commence a tender offer by Friday for all stock of Pullman, a Princeton, N.J.-based diversified truck trailer manufacturer. The bid, disclosed last Thursday, topped a previous $319-million offer from a group including Pullman senior management and the Henley Manufacturing Corp.
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