Cameco receives competition bureau clearance for Hathor acquisition
Cameco (TSX:CCO) (NYSE:CCJ) announced today that the Canadian Competition Bureau has issued a "no action letter" in connection with Cameco's offer to acquire all of the outstanding shares of Hathor Exploration Limited for cash consideration of $3.75 per share.
The issuance of the no action letter, which provides that the Commissioner of the Competition Bureau does not intend to challenge the proposed acquisition, satisfies one of the conditions of the offer.