|This Slide: #33 of 94|
Slide #33. Goldcorp — Osisko Mining Corporation
Osisko Mining Corporation
GOLDCORP INC. announced that it intends to commence an offer to acquire all of the outstanding common shares of Osisko Mining Corporation for approximately C$2.6 billion in cash and shares. Under the terms of the Offer, Osisko shareholders will be entitled to receive 0.146 of a Goldcorp common share plus C$2.26 in cash for each Osisko common share. Based on Goldcorp's TSX closing share price of C$25.29 on January 10, 2014, the total consideration offered to Osisko shareholders is C$5.95 per Osisko common share representing a premium of 28% over the 20-day volume-weighted average share price of Osisko from all trading on Canadian exchanges for the period ending January 10, 2014 and a premium of 15% over Osisko's TSX closing share price on January 10, 2014.
Goldcorp is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. Co.'s metal properties consist of gold, silver, copper, lead and zinc.
Open the GG Page at The Online Investor »
Buy (2.64 out of 4)
(ranked higher than approx. 98% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite