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    market news

    Cameco Sweetens Hathor Bid, Trumps Rival Rio Tinto

    Investing News Network
    Nov. 14, 2011 03:27PM PST
    Energy Investing

    The Globe and Mail reported Cameco Corp. (TSX:CCO,NYSE:CCJ) is fighting to take over Hathor Exploration Ltd. (TSX:HAT).

    The Globe and Mail reported Cameco Corp. (TSX:CCO,NYSE:CCJ) is fighting to take over Hathor Exploration Ltd. (TSX:HAT).

    As quoted in the market news:

    Tim Gitzel said the company increased its hostile offer to $4.50 per share on Monday, valuing Hathor at $625-million, to gain an upper hand in the battle with Rio Tinto PLC.

    Click here to read the full Globe and Mail report.

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