Should there be an announcement?
Feb. 15 (Bloomberg) -- Flinders Mines Ltd., owner of the Pilbara Iron Ore Project in Western Australia, won initial court approval for its plan to sell itself to Russia’s OAO Magnitogorsk Iron & Steel for A$553 million ($592 million).
http://www.businessweek.com/news/2012-02-14/flinders-mines-wins-preliminary-approval-for-mmk-takeover.html
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