Mexican copper miner and railroad operator Grupo Mexico (GMBXF.PK) says it will pay a $2B...

|About: Grupo Mexico S.A.B. de C.V.B (GMBXF)|By:, SA News Editor

Mexican copper miner and railroad operator Grupo Mexico (GMBXF.PK) says it will pay a $2B judgment to Southern Copper (SCCO) in cash rather than in stock. The payment will end a seven-year legal battle with SCCO's minority shareholders in one of the largest judgments ever awarded in a U.S. securities class action suit.