Tuesday, July 3, 2007

UPDATE 1-Teck Cominco to buy Aur for C$4.1 billion

(Reuters) - Each Aur shareholder will receive C$41.00, or 0.8749 of a
Teck Class B subordinate voting share, per Aur common share on
a pro-rated basis.




The C$41 a share offer for Aur is a 29 percent premium to
the company's closing price on Friday of C$31.70 on the Toronto
Stock Exchange.


Read more at Reuters.com Mergers News

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