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reports of tty increasing offer

  1. 576 Posts.
    Finally, someone is offering all scrip alternative. I want to retain maximum Mn exposure.


    It is understood Territory - headed by former ConsMin boss Michael Kiernan - was last night poised to make a new proposal to offer $2 a share plus one Territory share, or an all-scrip alternative of three Territory shares for each ConsMin share. Its previous proposal of $1.50 a share plus 1.5 Territory shares was rejected by the ConsMin board on Friday. Both proposals are subject to a short due diligence period.
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