Bay Ferries modifies Cat's summer sailing schedule to cope with engine issue
YARMOUTH, N.S. – An engine problem The Cat ferry is experiencing will result in fewer daily crossings this summer.
TORONTO — Dominion Diamond Corp. says it's accepting a US$1.2-billion friendly cash takeover offer from The Washington Companies.
The privately held Montana-based company is offering US$14.25 per share for all shares of Dominion Diamond (TSX:DDC), which is one of the world's largest diamond producers.
Dominion Diamond had rejected a previous offer of US$13.50 per share but said its board hadn't closed the door on a deal.
Its main holdings are part-ownership in the Ekati and Diavik diamond mines in the Northwest Territories, northeast of Yellowknife.
The Canadian Press