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Bonomi Prolongs Bidding War With New Club Med Offer

By Kat Greene ( December 5, 2014, 7:54 PM EST) -- Italian investor Andrea Bonomi on Friday raised his investment group's bid for Club Mediterranee SA to €24 ($29.65) a share, valuing the company at about €915 million ($1.12 billion) and fueling its battle with Chinese conglomerate Fosun International Ltd. for ownership of the resort operator....

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