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Cameco backs out of Hathor bid

RIO Tinto has moved ever closer to gobbling up uranium hunter Hathor Exploration after rival suit...

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The Rio bid of $C4.70 ($A4.60) a share values Hathor at about $654 million on a fully-diluted basis, trumping the recently revised unsolicited Cameco offer of $4.50/share made on November 14. “After...

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