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Billabong in a bind

Billabong is caught between the bargain bin and the reject pile with its latest suitor dragging out talks in a manner that suggests its 60¢-a-share tentative offer is no longer on the table. Billabong went from a trading halt to voluntary suspension on Thursday as negotiations continue with executive Paul Naude and private equity group Sycamore.
By · 10 May 2013
By ·
10 May 2013
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Billabong is caught between the bargain bin and the reject pile with its latest suitor dragging out talks in a manner that suggests its 60¢-a-share tentative offer is no longer on the table. Billabong went from a trading halt to voluntary suspension on Thursday as negotiations continue with executive Paul Naude and private equity group Sycamore.
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