First Quantum to pitch Inmet hostile takeover deal directly to shareholders
January 24, 2013 - 9:03 AM
VANCOUVER - First Quantum Minerals Ltd. (TSX:FM) said Thursday it will host a series of investor meetings to pitch its hostile takeover bid directly to Inmet (TSX:IMN) shareholders after being rebuffed by management. The company said Inmet's rejection did not include any compelling alternatives to its proposal and presented only generic and rehearsed arguments to support its case.
News from © The Canadian Press, 2013