New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 20, 2014
20:12 EDTGGOsisko Mining recommends holders reject Goldcorp takeover bid
Osisko Mining announces that its board, on the recommendation of its Special Committee, unanimously recommends that Osisko shareholders reject the hostile takeover bid launched by Goldcorp (GG) on January 14. The company said in part, "Goldcorp’s Offer significantly undervalues Osisko’s world-class Canadian Malartic mine, and the rest of the Company’s portfolio of high-potential projects in North America. The premium offered by Goldcorp, as well as the transaction multiples implied by the offer, are both significantly below the relevant precedents...It is important to note that, while Osisko has had several preliminary discussions with Goldcorp over the past five years, those discussions have never led to a credible proposal from Goldcorp. Instead, Osisko has been presented with highly conditional and non-binding proposals that offered inadequate premiums, and value propositions which did not warrant further consideration or engagement by Osisko. The current Goldcorp Offer implied a meager 15% premium at the time of announcement and is significantly less today."
News For GG From The Last 14 Days
Check below for free stories on GG the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 16, 2014
09:36 EDTGGActive equity options trading on open
Subscribe for More Information
09:26 EDTGGYamana Gold and Agnico-Eagle reach acquisition agreement with Osisko Mining
Subscribe for More Information
April 10, 2014
11:17 EDTGGOsisko responds to Goldcorp increased offer to C$7.65 per share
Osisko notes the announcement by Goldcorp that it intends to amend its hostile offer to acquire all of the outstanding common shares of Osisko to extend the expiry date, increase the consideration payable and reduce the minimum tender condition. The board of Osisko said it will consider this announcement. Until the Corporation completes its review, it will not comment further or speculate as to any future course of action it might take.
07:48 EDTGGGoldcorp to host investor day
Subscribe for More Information
07:11 EDTGGGoldcorp increases offer for Osisko to C$7.65 per share
Subscribe for More Information
05:22 EDTGGGoldcorp announces Q1 gold production 680,000 oz
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use