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Melker Schorling

Securitas extends time frame for offer

Says extended offer not related to Stanley’s rival offer
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07/07/2011

STOCKHOLM, Sweden—Securitas has extended the time frame for its offer to buy Niscayah from July 18 to August 12, but—despite rumors to the contrary—it will not raise its $907 million bid, Gisela Lindstrand, senior vice president corporate communications and public affairs told Security Systems News on July 6.