Even if Echo Resources’ board weren’t supportive of the much larger Northern Star’s $193 million, all cash offer for the gold minnow, we’d reckon it had a pretty good chance of being accepted.
Northern Star's Bill Beament: not using Macquarie this time.
. Bohdan Warchomij
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com