Teck Resources Limited (NYSE: TECK) announced on Monday that its board rejected “an unsolicited and opportunistic acquisition proposal” from Glencore. The proposal would see Glencore acquire Teck and then split into two companies, exposing Teck stockholders to thermal coal and oil trading, according to the corporation. “The Glencore proposal would expose Teck shareholders to a … Continue reading Teck Rejects Glencore’s Acquisition Bid: “Opportunistically Timed”