	gaf gaf seeks information on borg warner bor gaf corp said it is exploring its options in response to merrill lynch capital partners billion dlr offer for borg warner corp and it has asked for all information that was supplied to merrill lynch a gaf spokesman said the company asked for the information in order to enable gaf to fully evaluate its alternatives the spokesman also confirmed that gaf did raise its bid to dlrs cash from dlrs per share on friday merrill is offering dlrs per share cash for pct of borg warner and a package of cash and securities for the balance the transaction with merrill lynch will take borg warner private in the form of a leveraged buyout merrill lynch does not intend to sell borg warner assets but it may be forced to do so in financing the deal said sources familiar with the transaction borg warner has said its management is not a participant in the transaction but managers will retain their positions the investors involved with merrill include pension funds insurance companies and other institutional investors sources said analysts believe gaf which owns pct of borg warner will raise its offer that speculation drove borg warner stock up to in heavy trading gaf closed at off reuter 
