context: Ratners Group PLC , a fast - growing , acquisition - minded London - based jeweler , raised its price for Seattle - based specialty jeweler Weisfield 's Inc. to $ 57.50 a share , or $ 62.1 million , from $ 50 a share , or $ 55 million , after another concern said it would be prepared to outbid Ratners 's initial offer .
hypothesis: The raising did not happen