PALLINGHURST GETS GO-AHEAD IN ITS BID FOR GEMFIELDS
London–Pallinghurst Resources Ltd. announced Monday that it has received the shareholder support needed to move ahead with its bid to fully acquire Gemfields. Despite suggestions from Gemfields’ board last week that it might have trouble gaining the necessary support, Pallinghurst received 96 percent of the vote. The news is just the latest in the bidding …
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