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Merger cash and politics

Source: Financial Times, 26th April 2011

The fights over Equinox Minerals and NYSE Euronext cross financial and political faultlines. The first battle is almost over; China's Minmetals, which made a cash bid for the Australian-Canadian copper miner, has ceded to a higher cash offer from Barrick Gold . The second struggle - rival, mostly share offers from Deutsche Börse and a consortium of Nasdaq OMX and ICE - continues.



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