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No-ties Tango gets Herald's nod

HERALD Resources has thrown its weight behind Tango Mining's new no-strings bid, withdrawing its earlier recommendation for rival bidder Calipso Investment.

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No-ties Tango gets Herald's nod

Tango - the takeover vehicle owned by Indonesia's Antam and China's Zhongjin - upped its cash bid for Herald to $A2.80 per share earlier this week and today waived the 50.1% minimum acceptance condition...

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