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Stock Market & Financial Investment News

News Breaks
April 28, 2014
13:33 EDTABX, NEMBarrick Gold clarifies merger discussions with Newmont Mining
In response to a press release issued today by Newmont Mining (NEM), Barrick Gold (ABX) confirms that the company had negotiated a term sheet for a proposed merger between Barrick and Newmont, which was agreed upon and signed by both parties on April 8. Since then, Newmont has sought to renege on three foundational elements of the signed term sheet: the location of the head office of the merged company in Toronto; the identification of any specific assets that would be included in a spin-off company; and the carefully constructed governance arrangements, particularly with respect to the roles and authority of the Chairman, the Lead Director and the CEO. Both companies were in full agreement that the merger would produce substantial added value for shareholders, through unique synergies that can only be achieved by combining Barrick and Newmont, and the spin-off and further rationalization of certain of the companies' combined assets.
News For ABX;NEM From The Last 14 Days
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September 17, 2014
06:43 EDTNEM, ABXNewmont head says concentrating on operations, not Barrick, Reuters says
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September 16, 2014
07:41 EDTABX, NEMDenver Gold Group to hold a forum
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September 15, 2014
09:59 EDTABXOn The Fly: Analyst Upgrade Summary
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06:23 EDTABXBarrick Gold upgraded to Neutral from Underweight at HSBC
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September 12, 2014
05:22 EDTNEMNewmont Mining signs agreement to sell stake in Penmont JV in Mexico for $477M
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September 9, 2014
10:10 EDTNEMOn the Fly: Analyst Upgrade Summary
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06:09 EDTNEMNewmont Mining upgraded to Outperform from Market Perform at Cowen
September 8, 2014
16:00 EDTABXOptions Update; September 8, 2014
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September 5, 2014
09:35 EDTABXActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL GILD TSLA YHOO WFM SLW ABX GOOG FB BIDU
06:01 EDTNEMNewmont recommends stockholders reject 'mini-tender' offer by TRC Capital
Newmont Mining has received notice of an unsolicited "mini-tender" offer by TRC Capital to purchase up to 4M shares of common stock of Newmont at $25.15 per share. This offering price is 4.41 percent below the $26.31 per share closing price of Newmont shares on September 3, 2014, the day before the offer. TRC has made its offer subject to numerous conditions and has stated that it may terminate or amend its offer if, among other things, it does not obtain sufficient financing on terms satisfactory to it or there is any decrease in the market price of the shares. Newmont recommends that stockholders who have not responded to the TRC offer take no action because the offer is at a price below the current market price for Newmont shares and is subject to numerous conditions.
September 4, 2014
21:06 EDTNEMNewmont Mining management to meet with JPMorgan
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