Posted AT 6:28 PM EDT on 15/05/08
Cameco ready to make acquisitions
SASKATOON Cameco Corp. says it's ready to seek out potential acquisitions now that falling uranium spot prices have made the possibility of a purchase "more reasonable."
The world's biggest uranium miner, based in Saskatoon, said it was "unfairly criticized" for not joining the merger and acquisition frenzy sweeping the industry last year.
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