Barrick, NovaGold pulling no punches
Up to last minute, hostile takeover bid causing ruptures between companies who partner in one of Alaska's biggest projects
Last updated 11/26/2006 at Noon
Two Canadian mining companies traded accusations in November as they hurtled toward the latest deadline in Barrick's hostile takeover bid for NovaGold. The world's largest gold producer upped its offer from $14.50 per share to $16 per share and announced it would take up all shares tendered by Nov. 21, regardless of whether it obtained the minimum 50.1 percent of NovaGold that it originally hop...
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