10:10 AM EST - Alcan Inc. : Alcoa, the world's largest aluminum company, said on Monday it would seek to buy Alcan Inc., the No. 2 company in the sector, for $73.25 per share. Alcoa said its cash and stock offer would represent a 32 percent premium to Alcan's average closing price on the New York Stock Exchange over the last 30 trading days. Alcan Inc.
shares T.AL are trading up 21.80 at $89.35.
