EDM =Electron Discharge Machining 放电加工
- The managing general partner of Benequity, EDM Equities Inc., termed the earlier offer inadequate and urged shareholders to reject it.
- EDM said its financial adviser, Merrill Lynch Capital Markets, a unit of Merrill Lynch Pierce Fenner & Smith has advised it that the $31 a unit offer is fair.
- EDM says it won't resign.