(Reuters) - Alcon rejected the offer on Tuesday that would create the world's largest producer of the metal, which is used in products ranging from beverage cans to airplanes, and said it was in talks with third parties.
"A lengthy delay of this deal would grant another company sufficient time to review its options and launch a counter- bid," John Redstone, analyst at Desjardins Securities, said in a research report.
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"A lengthy delay of this deal would grant another company sufficient time to review its options and launch a counter- bid," John Redstone, analyst at Desjardins Securities, said in a research report.
Read more at Reuters.com Hot Stocks News
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