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Molycorp (MCP) +7.3% premarket, as the company’s low valuation and the chance to lock in...

Molycorp (MCP) +7.3% premarket, as the company’s low valuation and the chance to lock in rare-earth resources could make it a potential takeover target, Bloomberg reports. Analysts say manufacturers from Nissan (NSANY.OB) to Siemens (SI) could be interested, and shares could fetch $15 in a takeover.
Comments (1)
  • Doubt US will allow it to be sold to foreign company.
    2 Jan 2013, 02:06 PM Reply Like
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