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New bid for CF

25th November 1977, Page 6
25th November 1977
Page 6
Page 6, 25th November 1977 — New bid for CF
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THE BATTLE for Crane Fruehauf entered a new phase last week when t Fruehauf Corporation America raised its bid fa the 66 per cent of the company that it does ncii. own, to 90p a share.

It tops the bid of the Inchcape group by Op 4 and that bid has been recommended for accept, ance by the British Crane board, but Crane share0 closed at 93p at one poinil last week.