JUN 6, 2006 1:00am ET

Nixing Offer Leads to Far Better One

FirstBank NW Corp.'s rejection of a private investment group's unsolicited $112 million offer so it could shop for higher bids paid off handsomely when the Clarkston, Wash., company struck a deal that would pay its shareholders 51% more.

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Nixing Offer Leads to Far Better One

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