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05.12.2008 9:14 am

Bloomberg: Emerson makes $1.3 billion bid for Chloride Group PLC

St. Louis Post-Dispatch

Bloomberg News is reporting that Emerson has approached Chloride Group PLC, a British supplier of batteries for sudden blackouts, about a takeover.

Emerson proposed a cash offer on March 18 and the Ferguson-based company said it may make a further announcement if…