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First round to First Quantum

Cecilia Jamasmie | January 11, 2013 | 8:55 am Base Metals Precious Metals Canada Europe Latin America Copper Gold Silver 

First Quantum’s (TSX:FM) $5.1 billion hostile takeover bid for Inmet (TSX:IMN) is a step closer to becoming a done deal as Leucadia National Corp. (NYSE: LUK), Inmet’s largest shareholder, said it plans to tender its shares unless circumstances change. The announcement...

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