Lundin Mining has rejected the unsolicited takeover bid of Equinox Minerals worth $4.26 billion, Bloomberg reports. Equinox made its unsolicited offer on Feb. 28, 2011 to the Canadian copper and zinc producer. Equinox had decided to finance the cash component of its offer through a $3.2 billion bridging loan arranged through Goldman Sachs and Credit Suisse. Goldman also acted as financial advisor to the Canadian mining and exploration company.
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