Equinox Raises Heat on Inmet-Lundin Merger

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.

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