SI
SI
discoversearch

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 : GOLDCORP (G.A) & CSA.A

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rdww who wrote (32)12/16/2004 9:07:16 AM
From: gg cox  Read Replies (1) of 89
 
CORRECTED - Glamis to launch take-over bid for Goldcorp


8:43am ET (Reuters)


In TORONTO story headlined 'Glamis to launch take-over bid for Goldcorp'...please read in second paragraph...Glamis said it intends to offer Goldcorp shareholders 0.89 of a Glamis common share...instead of...intends to offer Goldcorp shareholders 89 cents of a Glamis common share. Corrects offer.

A corrected repeat follows.

TORONTO, Dec 16 (Reuters) - Glamis Gold Ltd. said on Thursday it plans to make a take-over bid for fellow miner Goldcorp Inc. .

Glamis said it intends to offer Goldcorp shareholders 0.89 of a Glamis common share for each Goldcorp common share. The offer values Goldcorp at $17.80 per share and represents a 22.6 percent premium based on the average trading price for both companies in the previous 30 days.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext