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Strategies & Market Trends : Picks of the quarter
ATHR 5.860-0.7%Nov 13 3:59 PM EST

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To: Elroy who wrote (4344)10/16/2007 9:31:23 AM
From: coug  Read Replies (1) of 20435
 
Hi Elroy,

Per my account, AUY bought out NTO for 7.40/share so NTO does not exist anymore. Please change my account accordingly and change my account to reflect AUY shares..

Thank you as I will stay with the yellow dog..:)

<<<<....In connection with the Meridian deal, Yamana will buy Vancouver-based Northern Orion Resources Inc. for 0.543 Yamana shares plus 0.1 Canadian cent (0.1 cent) per share. That price amounts to $7.40 per Northern Orion share. (BTW, AUY closed at 13.98/share yesterday)

Yamana said Northern Orion has about 154.1 million shares outstanding, making that portion of the deal worth $1.14 billion and giving the three-way combination a combined value of $4.95 billion....>>>

Scroll down this PR for this portion of the news.

biz.yahoo.com
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