Fission Uranium (FCUUF) is set to be acquired by Paladin Energy. This deal will create a leading uranium producer with a robust portfolio of exploration, development and production assets.
(Bloomberg) -- Paladin Energy Ltd.’s C$1.14 billion ($833 million) offer to buy Canadian mining firm Fission Uranium Corp. is all about geography.Most Read from BloombergNvidia’s 13% Stock Rout Has Traders Scouring Charts for SupportBuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Jain Global Raises $5.3 Billion, Secures Cash From Abu DhabiHow Long Can High Rates Last? Bond Markets Say Maybe ForeverTech Hits Stocks as Nvidia Extends Selloff to 13%: Markets WrapThe all-stock deal wi
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...