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DRYBLOWER
Dryblower and Andrew Forrest's M&A temptation
IS Andrew Forrest developing an itchy trigger finger and if not, why not? That's a question <i>Dryblower</i> considered after his Fortescue Metals Group filed a disappointing March quarter report which included an update on a plan to diversity through exploration when a spot of takeover action could deliver a quicker result.
Until now no-one has seriously considered FMG as a candidate for merger and acquisition activity, except as a target for a bigger company such as Brazil's iron ore giant, Vale, or a big Chinese steel mill....
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