This should take some of the wind out of Jack Layton's sails.
It seems that Canadian companies are not just selling out to foreign investors after all. They are actually looking out for the interests of their investors and the interests of the company as a whole. Even ideoglogy seems to come into play.
Now this could just be a ploy to up the price, but I sincerely hope there's more to it than that.
I have to agree with Layton's basic premise that Alcan remains a Canadian entity.
Tuesday, May 22, 2007
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