Glencore courts 120 Teck investors for bid backing as spinoff vote looms -source

Glencore executives have met or spoken with some 120 Teck Resources shareholders during a short visit to Toronto to try to win support for the company's takeover bid rather than an internal overhaul, a source familiar with the situation said.

Glencore made its $22.5-billion all-share offer as Teck's own plan to spin off its metallurgical coal business and focus on copper and zinc nears an April 26 vote.