UPDATE 3-Kirkland shares fall after Canadian miner offers $3 bln for Detour Gold
Canadian miner Kirkland Lake Gold Ltd’s
shares fell as much as 16% in Toronto on Monday after
investors reacted negatively to the hefty premium it agreed to
pay to buy smaller rival Detour Gold Corp in an
all-stock deal.
shares fell as much as 16% in Toronto on Monday after
investors reacted negatively to the hefty premium it agreed to
pay to buy smaller rival Detour Gold Corp in an
all-stock deal.
Posted by Reuters