Dennis'' Email: IBI & Rio Tinto (no suspense)Hi xxxx:
You raise an interesting question.
As you are aware, the business media examined various aspects of the bid and Rio's reaction.
The last report I read indicated that Rio considered that the bid considerably undervalued Rio Tinto and its potential.
We are in the very early stages of seeing this drama unfold, so I believe that commentary is still quite speculative, thereby making any interpretation about its impact on IBI equally speculative.
The Company is certainly interested in the outcome of this story, but right now it is full of many "what-if's?"
Thanks for writing and for your interest.
Best wishes,
Dennis
Dennis Mellersh
Director of Communications
& Investor Relations
IBI Corporation
D.Mellersh@IBInvest.com
416-754-4454