MUMBAI (Reuters) - Indian Hotels Co's
U.S.-listed Orient-Express rejected a $1.2 billion takeover offer from Indian Hotels Co in November last year, saying it was too cheap.
The company cannot leave the offer open for an indefinite period, Anil Goel, executive director finance, told a news conference.
The company earlier reported a forecast-beating 28 percent rise in quarterly net profit to 646.2 million rupees. (Read results story http://in.reuters.com/article/2013/02/11/indian-hotels-resultsq3-orient-express-idINDEE91A0A920130211)
(Reporting by Aditi Shah; Editing by Alison Birrane)