Westmin snubs attempted takeover by Boliden -- Vancouver company may exercise shareholder rights protection plan

The board of directors of Westmin Resources (WMI-T) has determined that an unsolicited $593-million takeover bid by Boliden (BOL.IR-T) is "inadequate and not in the shareholders' best interests."Boliden, a largely Swedish-owned mining and smelting firm now based in Toronto, offered...

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