News Breaks |
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| February 13, 2013 |
| 06:06 EDT |  | CDE | Coeur d’Alene Mines makes proposal to acquire Orko Silver for C$384M
Coeur d'Alene Mines confirmed that it has submitted a binding proposal to acquire all of the issued and outstanding common shares of Orko Silver in a transaction with a total value of approximately C$384M. Orko announced that its board has unanimously determined, after receiving the advice of its financial and legal advisors, that Coeur's Proposal constitutes a "Superior Proposal" pursuant to its arrangement agreement with First Majestic Silver Corporation. Orko has provided notice of such determination to First Majestic. Orko also announced that under the arrangement agreement, First Majestic now has five business days to offer to amend the terms of that agreement to match Coeur's Proposal, failing which Orko will terminate the arrangement agreement with First Majestic and enter into a definitive agreement with Coeur reflecting Coeur's Proposal. Based on the closing prices of the shares of each of Coeur, Orko and First Majestic as of February 12, Coeur's Proposal implies a value of C$2.70 per Orko share. Coeur's proposal has been approved by the Coeur board and no further corporate or shareholder approvals are required by Coeur to complete the transaction. Coeur's proposal is not conditional on any financing. |
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News For CDE From The Last 14 Days Check below for free stories on CDE the last two weeks. |
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| May 16, 2013 |
| 10:03 EDT |  | CDE | On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Amazon.com (AMZN) initiated with a Buy at Lazard Capital... Apple (AAPL) initiated with a Neutral at Susquehanna... Churchill Downs (CHDN) initiated with a Buy at Brean Capital... Interpublic Group (IPG) initiated with an Overweight at Evercore... Monarch Casino (MCRI) initiated with a Buy at Brean Capital... Stillwater Mining (SWC) coverage resumed with an Outperform at Wells Fargo... Wabtec (WAB) initiated with an Overweight at Atlantic Equities... eBay (EBAY) initiated with a Buy at Lazard Capital... Dangdang (DANG) initiated with a Buy at BofA/Merrill... Coeur d’Alene Mines (CDE) coverage resumed with a Neutral at JPMorgan... ValueClick (VCLK) initiated with an Underperform at Northland Securities... Yelp (YELP) initiated with an Outperform at Cowen. |
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| 07:27 EDT | | CDE | Coeur d’Alene Mines coverage resumed with a Neutral at JPMorgan
Target $19. |
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| May 10, 2013 |
| 09:14 EDT |  | CDE | Coeur d’Alene Mines shares should be bought at current levels, says Sterne Agee
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| May 9, 2013 |
| 08:57 EDT | | CDE | Coeur d’Alene Mines backs 2013 production view
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| 08:55 EDT |  | CDE | Coeur d’Alene Mines reports Q1 adjusted EPS 8c, consensus 22c
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