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Goldcorp, Inc. engages in the exploration of gold and minerals. It operates through the following segments: Eleonore, Musselwhite, Porcupine, Red Lake, Peñasquito, Cerro Negro, Pueblo Viejo, Other Mines and Other. Read More The company was founded by Robert Ross McEwen in 1986 and is headquartered in Vancouver, Canada.
Vancouver, British Columbia
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Newmont's special dividend wins top investors over to Goldcorp deal
TORONTO (Reuters) - Newmont Mining Corp won the support of at least two key investors for its $10 billion takeover of Goldcorp Inc on Monday, after offering to sweeten the deal with an 88-cent-per-share special dividend if shareholders approve the transaction.
Paulson no longer opposes Newmont-Goldcorp merger - Bloomberg
Paulson & Co. says it is withdrawing its opposition to the terms of a merger between Newmont Mining (NYSE:NEM) and Goldcorp (NYSE:GG), after NEM promised a special dividend to its investors if the deal is approved.
Newmont says it will issue a special dividend if Goldcorp deal goes through — but it’s not an attempt to pay off investors
Newmont Mining Corp. on Monday announced it will pay its shareholders a “special” dividend if it completes its US$10 billion acquisition of Vancouver-based Goldcorp Inc., expected in April. The 88 U.S. cents dividend will cost Newmont roughly US$470 million in aggregate, and is payable only if Newmont completes its Goldcorp deal. Last week, a wave of investors including U.S. billionaire John Paulson, who has pledged to bring greater accountability to the gold sector, raised concerns that the price tag for...
Expected Apr 24