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November 30, 1987

BILZERIAN TO EXTEND BID FOR SINGER

By CBR Staff Writer

The lastest ploy in investor Paul Bilzerian’s battle for control of Singer Co, where his investment group holds 9.9%, is to suggest that the company put itself up for auction to the highest bidder: he says that if Singer agrees, he will extend his $50 a share tender offer to December 15 and suspend his litigation against the company.

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