Posted on 12/11/08
Debt dilemma
A little more than three months ago, it looked like Don Lindsay was sitting pretty.On July 29, his company, Teck Cominco Ltd., unveiled a blockbuster $14-billion (U.S.) takeover bid for Fording Canadian Coal Trust and Teck shares defied usual deal trading patterns by jumping 6 per cent to close at $42.85 (Canadian) on the Toronto Stock Exchange.
The full text of this article has 997 words.
To continue reading this article, you will need to purchase this article.
This article is NOT available for licensing for re-use and redistribution.
Already have a member account? Login now



