Rinehart’s Redstone Over the Finish Line, Pips Fortescue for Atlas Iron

The battle for ownership of the small Australian iron miner Atlas Iron (ASX:AGO) is at an end, with Gina Rinehart’s Redstone Corporation declaring its cash offer for the acquisition of its shares is now unconditional. In a release from Rinehart’s company, Hancock Prospecting—the owner of Redstone—reiterated that the leadership of Atlas was in favor of […]