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    Miller nears takeover at Rangers

    Thu, 05/03/2012 - 06:36 EDT - BBCNews

    Bill Miller is nearing a takeover of Rangers after being granted preferred-bidder status by administrators Duff and Phelps.

    • Original article
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      NEW YORK (Reuters) - A group of private equity firms, including the Carlyle Group , struck a deal on Sunday to buy financial advisory and investment banking firm Duff & Phelps Corp for about $665.5 million. Duff & Phelps said the firms will pay $15.55 a share to stockholders. The other buyers in the consortium are Stone Point Capital, Pictet & Cie and Edmond de Rothschild Group. The buyers are offering a premium of 19.2 percent for the company, which closed at $13.05 a share on Friday. The deal allows Duff & Phelps Corp. ...

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