1994-07-09, English, Article, Other article edition: Bidding war looms for Lac Minerals. Lush, Patricia

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Bookmark: https://trove.nla.gov.au/version/110639323
Physical Description
  • Newspaper article
Published
  • Financial Times Corporation Ltd. (Canada), 1994 July 9
Language
  • English

Edition details

Title
  • Bidding war looms for Lac Minerals.
Appears In
  • Financial Times of Canada, v83, no.n28, 1994 July 9, pB2(2) (ISSN: 0839-2188)
Author
  • Lush, Patricia
Published
  • Financial Times Corporation Ltd. (Canada), 1994 July 9
Physical Description
  • Newspaper article
Subjects
Target Audience
  • General
  • Trade
Summary
  • The hostile takeover bid launched by Margaret Witte on Lac Minerals Ltd. is expected to trigger off a bidding war that may result in some major gold mining companies entering the race to win control of the company. Witte, who controls Royal Oak Mines Inc. is courting Lac shareholders by offering a 20% premium on Lac's current market price. Other companies that are believed to be interested in bidding for Lac are Placer Dome Inc., Henlo Gold Mines Inc., Cyprus Amax Minerals Co. and Minorco SA.
Language
  • English
Database
  • Gale General OneFile
Identifier
  • 15591499

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