re: Ann: BC Iron Recommends Cash Offer from R... http://www.theaustralian.com.au/business/city-beat/bc-iron-backs-345m-bid-from-regent/story-fn4xq4cj-1225992157497
This is the break down...
BC Iron's board unanimously recommended the offer.
"The offer from Regent Pacific is an all-time-high price for our company," said managing director Mike Young. "BC Iron shareholders will benefit from having the opportunity to crystallize immediate value now with the certainty of cash."
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Mkt cap ! $735.5M | |||
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