CAPITAL MARKETS

Take the money and run: Macarthur

MACARTHUR Coal has warned shareholders that if PEAMCoal's sweetened cash offer is unsuccessful, and there are no rival offers, its shares may trade at a discount to the $A16 per share offer price.

MiningNews.Net
Take the money and run: Macarthur

In its target’s statement released today, Macarthur outlined the reasons why the directors recommended shareholders accept the Peabody/ArcelorMittal-backed offer, which values Macarthur at $A4.9 billion....

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