Paragraph: (News/WSJ-masc-wsj_0169-2.txt)
Sent 1: Ratners Group PLC, a fast-growing, acquisition-minded London-based jeweler, raised its price for Seattle-based specialty jeweler Weisfield's Inc. to $57.50 a share, or $62.1 million, from $50 a share, or $55 million, after another concern said it would be prepared to outbid Ratners's initial offer.
Sent 2: The other concern wasn't identified.
Sent 3: Ratners's chairman, Gerald Ratner, said the deal remains of "substantial benefit to Ratners."
Sent 4: In London at mid-afternoon yesterday, Ratners's shares were up 2 pence (1.26 cents), at 260 pence ($1.64).
Sent 5: The sweetened offer has acceptances from more than 50% of Weisfield's shareholders, and it is scheduled for completion by Dec. 10.
Sent 6: The acquisition of 87-store Weisfield's raises Ratners's U.S. presence to 450 stores.
Sent 7: About 30% of Ratners's profit already is derived from the U.S.

Question: Was the increased share price a good or bad deal for Ratners Group PLC? (true/0)

Good
Bad
This deal was of good benefit for Ratners
It was not a good deal as it ensured that the other concern's offer would not be accepted
No Ratners has to pay more money for the company

Question: How many of Weisfield's stores are to be liquidated and acquired by Ratners by Dec. 10? (true/1)

Question: Where is Ratners Group PLC based out of? (false/2)

Seattle
London

Question: How much money is Weisfield making per store from this acquisition? (false/3)

Question: Who caused Ratners to raise its price? (false/4)

To purchase more stores
They wanted to increase their U.S precense
Another concern said it would be prepared to outbid Ratner's initial offer
They were never identified

Question: How large would the London-based jeweler's presence be after the acquisition? (true/5)

They would have 87 stores
They would have 450 stores
550
450

Question: What percentage of Weisfield's shareholders has accepted the sweet offer? (true/6)

Question: What concern prompted Ratners Group PLC to raise the price of their shares for Weisfield's Inc. to $57.50 a share? (true/7)

The other concern was not identified
Zales
There was a concern that was prepared to outbid ratners's initial offer
They wanted to increase their U.S precense

Last updated: Mon Apr 16 04:55:33 EDT 2018
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