Daily Archives: April 11, 2013

PolyMet To Commence Rights Offering

PolyMet Mining Corp. is planning a rights offering to holders of common shares of the Company to raise up to US$60 million in gross proceeds.  Separately, Glencore AG has agreed to provide a US$20 million bridge loan to PolyMet’s wholly-owned Minnesota subsidiary, Poly Met Mining, Inc, to fund operations and enable PolyMet to meet liquidity requirements…

Fisher’s Strategic Review Reaps Transaction

Sinclair Broadcast Group, Inc. and Fisher Communications, Inc. have entered into a definitive merger agreement whereby Sinclair will acquire Fisher in a merger transaction valued at approximately $373.3 million. Under the terms of the agreement, Fisher shareholders will receive $41.00 in cash for each share of Fisher common stock they own. The transaction represents a…

JANA files 13D on Ashland Inc

The Reporting Person acquired the Shares because it believes the Shares are undervalued and represent an attractive investment opportunity. The Reporting Person has had discussions with the Issuer’s management relating to, among other things, the Issuer’s business, corporate structure, capitalization, operations, stragetgy and future plans. The Reporting Person expects to continue to have such discussions…