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CENTURY BUSINESS CREDIT <CTY> GETS OFFER
Century Business Credit Corp said it
received an offer from Stanley Tananbaum, chairman and chief
executive officer, to take the company private in a transaction
giveing shareholders 24.40 dlrs per share in cash.
There were 603,106 shares outstanding as of December 31.
The independent directors said they will engage an expert
to evaluate the fairness of the offer.