Metso Corp.‘s board of directors rejected a bid from The Weir Group to begin discussions regarding a potential merger. According to a press release, Metso announced in an April 1 stock exchange release that Weir had approached it about potentially merging. Fifteen days after announcing it had received the bid, Metso announced it would not be pursuing a merger.
Metso rejects Weir bid to merge companies
Metso Corp.‘s board of directors rejected a bid from The Weir Group to begin discussions regarding a potential merger. According to a press release, Metso announced in an April 1 stock exchange release that Weir had approached it about potentially merging. Fifteen days after announcing it had received the bid, Metso announced it would not…
