(Reuters) - MONTREAL, June 6 - Alcan Inc. said on
Wednesday that Alcoa Inc.'s $28.3 billion takeover offer
was not good enough, but the Canadian aluminum maker did not
shed any light on its strategy to counter the hostile bid.
"The outcome still remains unknown. The value remains
inadequate," said Alcan spokeswoman Anik Michaud, reacting to
Alcoa's announcement that it had filed documents with U.S.
antitrust regulators related to its offer.
Read more at Reuters.com Government Filings News
Wednesday that Alcoa Inc.'s $28.3 billion takeover offer
was not good enough, but the Canadian aluminum maker did not
shed any light on its strategy to counter the hostile bid.
"The outcome still remains unknown. The value remains
inadequate," said Alcan spokeswoman Anik Michaud, reacting to
Alcoa's announcement that it had filed documents with U.S.
antitrust regulators related to its offer.
Read more at Reuters.com Government Filings News
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