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Lincoln Crowne And Company: Merger And Acquisition Rumour And Activity

Lincoln Crowne And Company: Merger And Acquisition Rumour And Activity

Submitted by • December 28, 2013 www.slideshare.net

Mining products supplier Bradken (ASX:BKN) made a takeover offer for heavy equipment manufacturer Austin Engineering (ASX:ANG). Bradken’s proposal is to acquire all of the ordinary shares in Austin that it does not currently own at a fixed exchange ratio of 0.75 Bradken shares for one Austin share. Bradken currently owns 21.5% of the outstanding shares in Austin.Mining products supplier Bradken (ASX:BKN) made a takeover offer for heavy equipment manufacturer Austin Engineering (ASX:ANG). Bradken’s proposal is to acquire all of the ordinary shares in Austin that it does not currently own at a fixed exchange ratio of 0.75 Bradken shares for one Austin share. Bradken currently owns 21.5% of the outstanding shares in Austin.

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