- HudBay Minerals (HBM) extends its hostile takeover bid for Augusta Resources (AZC) and drops its condition that shareholders holding at least two-thirds of the stock tender to the offer.
- AZC shareholders now have until 5 pm on April 2 to receive 0.315 of a HBM share for each of their shares.
- HBM says the bid, which AZC has rejected as inadequate, represents a 62% premium to the 20-day volume weighted average prices of the two issues prior to the offer.
HudBay extends hostile bid for Augusta Resources
From other sites
at Nasdaq.com (Mar 9, 2015)
at Nasdaq.com (Jan 13, 2015)
at MarketWatch.com (Jun 19, 2012)
at MarketWatch.com (May 14, 2012)
at MarketWatch.com (Apr 17, 2012)
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