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Major shareholder says no to A$0.23-a-share Finders offer

By:  
Creamer Media Senior Deputy Editor Online
 
CORPORATE ACTIVITY
The largest shareholder outside a group of shareholders bidding for Finders has indicated that it will not accept an offer price of A$0.23 a share for the copper miner. Taurus Funds Management manages 87 339 525 Finders shares, or about 11.31% of the company’s shares on issue, making it the second largest shareholder after the bidder consortium, known as Eastern Field Developments.
 
 
 
 
 

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