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    cobalt investing

    Equinox Not Deterred By Lundin Mining’s Opposition to Takeover Bid

    Written by Investing News Network
    |
    Mar. 22, 2011 11:54AM PST

    Canadian Business reported on Equinox’s (TSE:EQN) commitment to continue to try and take over Lundin Mining (TSE:LUN).

    Canadian Business reported on Equinox’s (TSX:EQN) commitment to continue to try and take over Lundin Mining (TSX:LUN).

    The market news is quoted as saying:

    Equinox said Tuesday its offer of up to $2.4 billion cash and up to 380 million Equinox shares is superior to the rival proposal to create a new company owned 53 per cent by Inmet shareholders and 47 per cent by Lundin shareholders.

    To read the full market news, click here.

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