	audio video ava sweetens bid for cyclops cyl an investment group led by audio video affiliates inc said it raised its tender offer to uire cyclops corp to dlrs a share from dlrs a share the group cy uisition corp also said it extended the offer until april three from march the group said it added several conditions to its offer including receipt of all non public information about cyclops that was provided to dixons group plc in connection with dixon s competing tender offer for cyclops cy s sweetened offer totaling about mln dlrs tops dixon s offer of dlrs a share or about mln dlrs on wednesday dixon said it had bought pct of cyclops mln shares outstanding boosting its stake in the company to pct earlier today however the securities and exchange commisssion ordered dixons to extended its tender offer until march cy said it hopes cyclops shareholders will withdraw previously tendered shares from dixons tender offer to take advantage of cy s higher offer the sec s order came after cy filed suit to block dixons from taking control of cyclops and to force an extension of dixons tender offer a cyclops spokeswoman said the company had no immediate comment on the sweetened bid from cy cy said its new offer is also subject to cyclops rescinding any agreements with dixons under which the u k based firm would receive break up fees or expenses from cyclops or could buy cyclops common stock from the pittsburgh based company reuter 
