First Quantum extends takeover bid for Inmet

Mar 12, 2013 | 03:03 PM | Barbara O'Donovan

Tags  First Quantum, Inmet, takeover bid, copper, Cobre Panama, barbara o'donovan

NEW YORK — First Quantum Minerals Ltd. has extended until March 21 its Canadian $5.1-billion offer to acquire Inmet Mining Corp.

About 43.2 million Inmet shares representing about 61.45 percent of the outstanding shares had been tendered to the offer as of 11:59 p.m. March 11, the original offer expiration date, according to Vancouver, British Columbia-based First Quantum.....

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