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Article: Ashanti Goldfields Company; Improved Recommended Merger with AngloGold.
- Article from:
- Business Wire
- Article date:
- October 14, 2003
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Business Editors
ACCRA, Ghana--(BUSINESS WIRE)--Oct. 14, 2003
The board of Ashanti Goldfields Company Limited ("Ashanti") is pleased to announce that it has today received an improved final merger offer ("Revised Merger Proposal") from AngloGold Limited ("AngloGold"). Following consideration of the terms of the Revised Merger Proposal and the terms of the merger proposal received from Randgold Resources Limited ("Randgold") as announced on 23 September 2003, the board of Ashanti has resolved unanimously (a) to recommend AngloGold's Revised Merger Proposal. In reaching its conclusion, the board of Ashanti has considered, amongst other things, the results ...