merger with cbh

This article was published in the Barrier Daily Truth today:
A merger of the city's two mining companies was now most unlikely, according to CBH Resources.

The base metal miner ceased to be an Australian company on Friday when a takeover by its majority shareholder, Toho Zinc, was completed.
But it was not that long ago that CBH, along with miner Perilya and many mining analysts, believed a merger was the best outcome for mining in Broken Hill citing financial, operating and strategic benefits.
An almost 12-month long merger deal, a failed take over bid and two foreign companies later, CBH Resources managing director Stephen Dennis said the unification of CBH and Perilya could not look further away.