Gold and Silver Juniors, Mid-tiers and Producers Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Broken_Clock who wrote (18875)	8/21/2006 3:58:56 PM
From: Mr. Aloha	of 78417

That article's wrong. Another article said EZM was buying Lundin, but in actuality, it's a merger of equals, though EZM will hold 57% of the new company. How does somebody get bought out yet hold a majority of the new company? LUN closed Friday at $34.30 Canadian. .0952 shares is $3.26536 Canadian, or about $2.92 U.S. The two companies determined the merger price by using a 20-day average of prices. Since EZM had closed at a new all-time high on merger rumors, the average price used was lower.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next