INMET MNG CORP
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Hostile Bid For This Mining Company
By Mike Thiessen - April 4, 2013 | Tickers: FM, IMN
Canadian mining outfit First Quantum (TSX: FM) has received the requisite amount of support to complete its hostile takeover of rival Inmet Mining Corporation (TSX: IMN) and subsume its productive assets. According to First Quantum's release, over 85 percent of Inmet's shareholders have tendered their shares at its offer price since the mid-December announcement of the takeover bid.
The news of the deal ends months of wrangling between more »
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Hostile Bid For This Mining Company
By Mike Thiessen - April 1, 2013 | Tickers: FM, IMN
Canadian mining outfit First Quantum (TSX: FM) has received the requisite amount of support to complete its hostile takeover of rival Inmet Mining Corporation (TSX: IMN) and subsume its productive assets. According to First Quantum's release, over 85 percent of Inmet's shareholders have tendered their shares at its offer price since the mid-December announcement of the takeover bid.
The news of the deal ends months of wrangling between more »
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This Company is Raising Cash… Should You?
By Alex Gray - October 26, 2012 | Tickers: IMN, JEF, LUK, MLI
Exiting investments is nothing new for Leucadia National Corporation (NYSE: LUK). Over the years, Leucadia has been in and out of several different businesses and equity investments. Whether coincidental or by design, Leucadia has recently been in liquidation mode.
In the first quarter of this year, Leucadia sold 100 million shares of its approximately 130.5 million remaining shares in Fortescue Metals Group (ASX: FMG) for $506.5 million. This more »