A bid to acquire the minority shares of lead-zinc producer Brunswick Mining & Smelting (TSE) by Noranda (TSE) has closed successfully, and 99.4% of Brunswick’s outstanding shares are now owned or tendered under the terms of Noranda’s offer.
Noranda offered one common share of Noranda for two Brunswick, and minority shareholders of record will also be receiving 65 cents cash for every share they own.
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