Hutton and Dart expressed interest in Beatrice Cos.
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The announcement that E. F. Hutton and Dart Group said they’re interested in talking to Beatrice management came on the heels of revisions in the buy-out proposal made by Kohlberg Kravis Roberts & Co. In November, Beatrice rejected a bid from the Hutton-Dart group to accept a $6.2-billion leveraged buy-out from Kohlberg Kravis. The deal was clouded last Wednesday when Kohlberg Kravis lowered its bid for Chicago-based Beatrice.
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