maytag

Maytag reported its financial results for the second quarter today, with consolidated sales of $1.23 billion. That's a 6.7% increase from last year's second quarter.

Maytag now has a third party showing interest in purchasing it. That party is Whirlpool, who has offered Maytag $17 per share. Maytag's board is still leaning toward Ripplewood, but the company said it would consider Whirlpool's offer.

Whirlpool has made a $17 per share offer to buy Maytag, who said it would consider the proposal, but the company's board of directors is currently in favor of Maytag's current deal with Ripplewood.

Whirlpool has made an offer to purchase Maytag for $17 per share. Maytag said that it would consider the proposal, though the company said that it's board of directors hasn't changed its recommendation of the existing Ripplewood-led transaction.

Chinese appliance manufacturer Haier Group along with Bain Capital and Blackstone Group, have made a $1.28 billion offer to buy Maytag.

Maytag reported first quarter consolidated sales of $1.168 billion, down 4.2 percent from sales of $1.219 billion in the same period last year.