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Crosby bails out of Tethyan bid

CROSBY Capital partners has given up its 10-month battle to take control of Tethyan Copper following Antofagasta’s increased bid for the company, a bid which now appears destined for success.

Michael Vaughan
Crosby bails out of Tethyan bid

On Friday last week, Antofagasta broke its two-and-a-half week silence since Crosby upped its offer for Tethyan to $1.35 per share, putting $1.40/share down on the table with the unanimous support of the...

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