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Actionable news in DDC: DOMINION DIAMOND CORPORATION,

Canada's Dominion Diamond accepts sweetened bid from Washington Cos

(Reuters) - Canada's Dominion Diamond Corp (DDC.TO) (DDC.N), the world's third-largest diamond producer by market value, has agreed to a sweetened takeover offer of $1.2 billion from The Washington Companies.

Dominion said Washington Companies will acquire all of its outstanding common shares for $14.25 per share in cash, higher than the U.S.-based company's earlier offer of $13.50 per share.

Washington Companies, founded by industrialist...


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