(Reuters) - Under the proposed arrangement, Dynatec shareholders will get 0.190 of a Sherritt share and about 0.0635 of an FNX Mining Company share, which are currently owned by Dynatec, for each Dynatec share held.
That values each Dynatec share at C$4.88, a 29 percent premium to the closing price on April 19, and 39 percent premium on the 20-day, volume weighted average share prices for the three companies from that date, Sherritt said.
Read more at Reuters.com Mergers News
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