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Collectors Universe Jumps on New, Higher Acquisition Offer An investment group raised its proposed purchase price for Collectors Universe to $92 per share Wednesday.
Memorabilia authenticator Collectors Universe (CLCT) jumped nearly 20% Wednesday after the company announced that the investment group led by collector Nat Turner, D1 Partners and Cohen Private Ventures has increased its acquisition offer to $92 per share in cash.
The new offer represents an 18% premium over the company's closing price on Tuesday, and a 32% premium over its share price on Nov. 25, the last day of trading before Collectors Universe announced the original offer.
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