Does anyone know whether or not LUK still owns the shares of First Quantum that it received when First Quantum bought Inmet?
whether or not LUK still owns the shares of First QuantumThe question was raised on the Leucadia board:http://boards.fool.com/first-quantum-inmet-30638202.aspx?sor...I think the answer is that we don't know. Leucadia supported the bid, but we don't know whether they opted for First Quantum shares or for a mixture of cash and shares. In either case, they will have received some First Quantum shares, but we don't know whether they have kept them. If there are no sales on the next 13F, which is due out within the next 44 days, we could probably conclude that they have decided to keep their shares.Regards, DTM
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