Crosby concedes defeat in Marathon bid

HONG Kong-based Crosby Capital Partners has finally given up its protracted takeover offer for advanced uranium explorer Marathon Resources, having secured just 0.005% of the company since launching its offer almost one year ago.

Crosby concedes defeat in Marathon bid Crosby concedes defeat in Marathon bid Crosby concedes defeat in Marathon bid Crosby concedes defeat in Marathon bid Crosby concedes defeat in Marathon bid

Crosby’s Australian subsidiary Buttermere Australia signalled its interest in Marathon last July with a bid of 68c per share, only to watch a soaring uranium price and exploration success push

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