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Commercial Metals (CMC) rejects Icahn's unsolicited $15/share offer, saying the $1.73B bid is...

  • Monday, December 5, 2011, 5:11 AM ET
    Commercial Metals (CMC) rejects Icahn's unsolicited $15/share offer, saying the $1.73B bid is opportunistic and fails to reflect CMC's true value. Icahn's company said it would "take matters into our own hands" if CMC failed to respond by today.
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