Homestake Mining 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 : Homestake Mining

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: long-gone who wrote (210)	6/18/1999 8:43:00 AM
From: Link Lady	Read Replies (2) of 415

Makes no sense to tender for shares at a less than market price. Maybe they want to drive price down. Sheesh newsalert.com Homestake says IG Holdings trying for 1 pct stake SAN FRANCISCO, Calif., June 17 (Reuters) - International gold mining firm Homestake Mining Co . said on Thursday that IG Holdings Inc. was making an unsolicited tender offer to buy up to 1 percent of its common stock for $6.875 per share. Homestake strongly recommended that shareholders do not tender their shares into this offer, saying the price was substantially below prices on public stock exchanges and did not represent a fair value offer. Homestake stock rose 12.5 cents to $7.937 a share in trading on the New York Stock Exchange on Thursday.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next