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Sherritt sweetens Fording offer

SHERRITT International has sweetened the cash portion of its bid for Canadian coal producer Fordi...

Greg Tubby
Sherritt sweetens Fording offer

The new bid would mean Fording shareholders would receive $20 a share if they all opted to take cash, up from C$17.63. Sherritt and its partner, the Ontario Teachers' Pension Plan Board, are also offering...

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