Analyst's figures show Amax takeover candidate despite debt

Following the acquisition of Falconbridge Ltd. (TSE) by Amax for $2.8 billion, Zaunscherb estimates Amax's discounted cash flow (DCF) per share will be $42.05(US). With 85 million shares issued, Zaunscherb's DCF analysis values Amax at $3.6 billion(US). However, Amax's common...

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