New Bid for Manischewitz: B. Manischewitz Co....

New Bid for Manischewitz: B. Manischewitz Co. said New York-based National Foods Inc. submitted a new bid to buy the company for $43.3 million, or $816 a share, in cash through an affiliate. The new bid tops a $40.1-million, or $755.50-a-share, offer for Jersey City, N.J.-based Manischewitz by Levine, Tessler, Leichtman & Co. of Beverly Hills. Manischewitz had scheduled a shareholders meeting for next Friday to vote on the Levine, Tessler offer after National Foods failed to complete financing for a prior offer. The National Foods affiliate submitted financing commitments for the new bid from General Electric Capital Corp. and Marine Midland Bank, Manischewitz said.