|Master Investor Magazine
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The price of shares in Sirius Minerals (LON:SXX) surged 34.15% to 5.50p (as of 13:45 GMT) after it announced it was in advanced negotiations regarding a possible cash offer. The company said that Anglo American’s proposed offer of 5.50p per share was not yet concrete and was subject to ongoing discussions.
Management said that the markets would be notified further in due course.