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Inmet Mining (OTC:IEMMF) says it will waive its poison pill takeover defense against a hostile...

Feb. 19, 2013 12:22 PM ETISHARES IV PLC (IEMMF)IEMMF, FQVLFBy: Carl Surran, SA News Editor
Inmet Mining (OTC:IEMMF) says it will waive its poison pill takeover defense against a hostile offer by First Quantum (OTCPK:FQVLF) and hints it may execute unspecified strategic alternatives to the $5.1B bid. Earlier this month, First Quantum extended its $72/share bid to Feb. 27; Inmet says the new deadline has given it enough time to fully review the offer.

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