Monday, March 26, 2007

Denison sweetens buyout bid for OmegaCorp

(Reuters) - Mid-tier Canadian uranium miner Denison Mines Corp. sweetened its buyout offer on Monday for the shares it doesn't already own in Australia's OmegaCorp Ltd. and said this was its "final offer".

The all-cash bid, which has already been approved by Omega's board, has been raised to A$1.15 per share from A$1.10. Denison currently holds about 31.5 percent of OmegaCorp's outstanding shares.


Read more at Reuters Africa

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