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Price is right for Dominion

Dennis Washington has won over Dominion Diamond (CN:DDC) with a better offer months after the Canadian diamond producer passed on a US$1.1 billion cash bid.

Price is right for Dominion Price is right for Dominion Price is right for Dominion Price is right for Dominion Price is right for Dominion

To be expanded: Washington says it would continue Dominion's expansion plans for Ekati

With $1.2 billion in cash now on offer, the sale will go ahead if shareholders approve and Dominion will become private like other businesses in the Washington Companies group.