Noranda clears late hurdle to win (May 06, 2005)

Noranda's (NRD-T) tender offer for Falconbridge (FL-T) has netted nearly 58.5 million shares, or 78% of the shares held by minority shareholders.The result boosts Noranda's stake in Falco to 91%; Noranda plans to acquire the remaining shares not tendered to...

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