Osram shares surge as investors bet on higher AMS offer for remaining stake
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VIENNA (Reuters) - Speculation that sensor specialist AMS could make a higher offer to remaining Osram shareholders to persuade them to sell propelled the German lighting group's stock to a 17-month-high on Monday.Osram shares gained as much as 15.4% to 44.44 euros (£38.18) after AMS said on Friday it had succeeded in its second 4.6 billion euro ($5.1 billion) attempt to take over Osram. Zurich-listed AMS stock was 4.6% lower at 46.18 Swiss francs at 1438 GMT. The concrete result of the..