Search Results
Kinross Won’t Raise Takeover Bid for Bema Despite Opposition
Kinross Gold Corp. [TSX:K; NYSE:KGC] will not raise its takeover bid for Bema Gold Corp. [TSX:BGO; NYSE:BGO] despite opposition from Bema’s second-largest shareholder, which believes the C$3.6-billion offer undervalues the Vancouver bullion producer.
Tradewinds Global Investors LLC plans to vote against the friendly takeover agreement struck in November, unless the offer is raised by at least [...]
