	martin processing mpi accepts courtaulds bid martin processing inc said its board approved an agreement to be uired by courtaulds plc cou l for dlrs a share the company said the transaction is valued at more than mln dlrs based on its shares of stock outstanding it said courtaulds has privately agreed to purchase a majority of martin s common from trusts established by julius hermes for dlrs a share it said courtaulds intends to conduct a tender offer for all the martin stock it does not own beginning as soon as necessary documents are prepared reuter 
