Noranda clears late hurdle to win (May 16, 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.As a result, Noranda's stake in Falco has increased to 91%; Noranda plans to acquire the remaining shares not...

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