Canadian coal miner Grande Cache Coal Corp. has agreed to a takeover bid from two Asian companies worth about $1 billion. The deal, worth $10 a share in cash, is a 70-per-cent premium over Grande Cache's closing price on Friday. ... Asian firms taking over Grande Cache Coal
Monday, October 31, 2011
Asian firms taking over Grande Cache Coal
Canadian coal miner Grande Cache Coal Corp. has agreed to a takeover bid from two Asian companies worth about $1 billion. The deal, worth $10 a share in cash, is a 70-per-cent premium over Grande Cache's closing price on Friday. ... Asian firms taking over Grande Cache Coal
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