Vulture News
Anaconda Ruling
Friday February 7, 2003
US vulture fund, MatlinPatterson Global Opportunities Partners, faces an uphill battle in its proposed takeover of Anaconda Nickel Ltd after the Takeovers Panel yesterday ruled on all outstanding applications regarding the unsolicited offer.Anaconda Refuses To Swallow Us Bid
Tuesday February 4, 2003
Anaconda Nickel has rejected US vulture fund MatlinPatterson's $450 million bid for control, arguing that shareholders have insufficient time to consider the "highly conditional" offer.