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Cameco (TSX:CCO,NYSE:CCJ) announced it will not increase or extend its offer to acquire of Hathor Exploration Limited (TSX:HAT).
Cameco (TSX:CCO,NYSE:CCJ) announced it will not increase or extend its offer to acquire of Hathor Exploration Limited (TSX:HAT).
Cameco’s President and CEO, Tim Gitzel said:
After careful consideration we cannot justify increasing the price beyond our current offer and accordingly, we will let our offer lapse. Cameco has remained disciplined through the bid process to ensure that we make the best decisions for our company and its shareholders.
Click here to read the Cameco (TSX:CCO) press release.
