Aquila Urges Shareholders To OK $1.3B Baosteel Bid

By Linda Chiem
June 18, 2014, 2:36 PM EDT

Australian iron ore miner Aquila Resources Ltd. asked shareholders on Wednesday to accept an AU$1.4 billion ($1.3 billion) takeover bid backed by Chinese steelmaker Baosteel Group Corp., spurning a rival proposal...

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