German Auto Parts Maker Rejects Rival's Bid.

FRANKFURT, Germany -- The German auto parts maker Continental on Wednesday again declined a bid by a rival Schaeffler, to take it over, leaving the door open to more talks. Continental, which is based in Hannover, said in a statement that the offer price of 70.12 euros ($104.48) a share in cash remained ''inadequate from a financial point of view.'' [ABSTRACT FROM PUBLISHER]