	general partners to raise bid for gencorp gy general partners said it was prepared to raise its bid for gencorp inc to dlrs cash per share from dlrs per share in a letter from general partners to a william reynolds chairman and chief executive officer of gencorp the company stated that if gencorp could prove the company was worth more general partners would be willing to consider an even higher price general partners also left open the possibility of an alternative to an all cash offer general partners told gencorp if it believed shareholders would be better served by a smaller cash price with a security representing a continuing long term interest in gencorp s prospects it would be willing to discuss an alternative specifically general partners said it was prepared to discuss an uisition giving shareholders a continuing interest in aerojet general a valued business of gencorp reuter 
