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    cobalt investing

    Equinox Raises Heat on Inmet-Lundin Merger

    Investing News Network
    Mar. 23, 2011 03:36PM PST
    Battery Metals Investing

    The Globe and Mail reported that Equinox Minerals (TSE:EQN) sees the merger of Inmet (TSE:IMN) and Lundin (TSE:LUN) falling apart.

    The Globe and Mail reported that Equinox Minerals (TSX:EQN) sees the merger of Inmet (TSX:IMN) and Lundin (TSX:LUN) falling apart.

    The market news is quoted as saying:

    Equinox, seeking to acquire Lundin with a hostile $4.8-billion takeover offer, says a setback for Inmet’s power-supply plan at the Cobre Panama project derails Inmet’s plan to join forces with Lundin Mining.

    To read the full market news, click here.

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