http://www.bloomberg.com/news/2011-04-25/barrick-gold-agrees-to-buy-equinox-for-7-7-billion-trumping-minmetals.html
I have been under the assumption that this was the the key to Barrick's problems...
“For Equinox shareholders, this is a great deal,” said John Goldsmith, a Toronto-based fund manager at Montrusco Bolton Investments Inc., which oversees about C$4.9 billion. “It more than fully values Equinox.”
Outbidding a Chinese State Owned Enterprise is an extremely courageous act.
http://www.bloomberg.com/news/2011-04-25/barrick-gold-agrees-to-b...
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$14.20 |
Change
0.060(0.42%) |
Mkt cap ! $16.31B | |||
| Open | High | Low | Value | Volume |
| $14.06 | $14.37 | $14.05 | $89.35M | 6.292M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10652 | $14.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.20 | 4716 | 2 |
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