FC Stock News
Wednesday, May 23, 2007
Alcan Rejects Alcoa's Offer
Alcan Inc. (AL) rejected Alcoa Inc.'s (AA) $28 billion hostile takeover bid and engaged in discussions with BHP Billiton. Shares of Alcan leaped $4.86 to $85.89 while Alcoa stock gained $1.42 to close at $40.37.
posted by FC Market News at
2:38 PM
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