Nautilus receives $241.1M unsolicited takeover offer
Jan 09, 2013 | 05:22 PM
| Samuel Frizell
NEW YORK Canadian deep-sea miner Nautilus Minerals Inc. has received an unsolicited takeover bid, the company said Tuesday.
Michael Bailey, an Ottawa-based trader, has offered to purchase all of the companys outstanding shares at Canadian 97 cents (98.2 cents) each, valuing the deal at C$237.99 million ($241.1 million), according to Gannibal Securities, Baileys advisor.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.