UPDATE 2-Brazil?s Kroton wins takeover battle for Estلcio in $1.7 bln deal

[ahlam1399]

UPDATE 2-Brazil?s Kroton wins takeover battle for Estلcio in $1.7 bln deal

UPDATE 2-Brazil?s Kroton wins takeover battle for Estلcio in .7 bln deal
SAO PAULO/BRASILIA, July 1 (Reuters) - Estcio ParticipaçesSA accepted on Friday an improved takeover bid fromlarger rival Kroton Educacional SA, sealing a 5.5billion reais ($1.7 billion) deal to end a month-long battle forBrazil's **. 2 for-profit college operator.

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