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MIM raises $338 million overnight

COAL and metals miner MIM Holdings said today it has raised $338 million through a $1.30 a share ...

Greg Tubby

MIM said it took advantage of "very strong demand" to sell 260 million shares, or 18% more than were underwritten by Merrill Lynch. It had planned to raise $275 million. The $1.30 a share price offered...

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