Norilsk makes competing offer for LionOre

Norilsk Nickel (NILSY-O, MNOD-L) threw down a $5.3-billion-offer for Torontos LionOre Mining International (LIM-T, LMGGF-O) today, topping Xstratas (XTA-L, XSRAF-O) friendly takeover bid by more than 16%.The Russian nickel giant has offered $21.50 cash for each LionOre share -- $3...

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