Rejected Again

Scottish & Newcastle is getting mighty saucy, Béarnaise. The Heineken/Carlsberg consortium beefed up their bid considerably to nearly $15 billion, or 780 pence per share, a 21% increase from their original soft offer on October 16.The consortium wrote in a release that their "approach represented a decisive attempt by the consortium to engage in substantive discussions with S&N leading to the announcement of a recommended transaction prior to the Takeover Panel deadline of Monday, 21 January." The majority of the