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Cameco (CCJ) gains 4.1% after stating it will allow its C$4.50/share offer for fellow Canadian...

  • Monday, November 28, 2011, 8:40 AM ET
    Cameco (CCJ) gains 4.1% after stating it will allow its C$4.50/share offer for fellow Canadian uranium miner Hathor Exploration (HTHXF.PK) to lapse. Barring regulatory holdups, Cameco's move paves the way for Rio Tinto (RIO) to acquire Hathor, courtesy of its C$4.70/share offer. RIO +6.2%.
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