Hi FS,this is one of the reports (Finance News Network)out this...

Hi FS,

this is one of the reports (Finance News Network)out this week.


Company news

"Shares in Sundance Resources Limited (ASX:SDL) have continued to rally on news the Africa-focused iron ore miner has attracted the attention of yet another suitor. At the beginning of the week Sundance received a $1.4 billion takeover offer from its largest shareholder, China?s Hanlong Mining. Speculation has now emerged that Swiss mining giant Xstrata is eyeing the Sundance in addition to considering a counter-bid for Macarthur Coal Ltd (ASX:MCC). Shares in Sundance Resources have advanced 7.07 per cent and are trading at $0.53".

Here's the link, hope works.

http://www.finnewsnetwork.com.au/archives/finance_news_network18269.html?utm_source=Finance+News+Network%2C+FNN+Investor&utm_campaign=ff539f0e60-Afternoon_Investor_21_07_2011&utm_medium=email

Regards

Rustywon