HudBay seeks to halt trade on Augusta ‘poison pill’ plan
Apr 14, 2014 | 06:39 PM
| Saranya Kapur
NEW YORK HudBay Minerals Inc. has petitioned the British Columbia Securities Commission to cease trade in Augusta Resource Corp.s shareholder rights plan, which would allow a vote on its takeover offer.
"The time for Augusta shareholders to support our offer is now," HudBay president and chief executive officer David Garofalo said in a statement April 14. "(Sixty four) days have passed since we announced our offer, and Augusta has failed to produce any alternative transactions. Meanwhile, Augusta continues to make....
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.