(Reuters) - Yamana announced last week it had struck a friendly deal to
acquire small-cap miner Northern Orion Resources and
said the two would team up to bid for Reno, Nevada-based
Meridian for about C$3.1 billion .
Since then, Meridian has said the proposal does not reflect
the company's value, while some analysts have complained
Yamana's earnings and cash flow would suffer from the
combination.
Read more at Reuters.com Mergers News
acquire small-cap miner Northern Orion Resources and
said the two would team up to bid for Reno, Nevada-based
Meridian for about C$3.1 billion .
Since then, Meridian has said the proposal does not reflect
the company's value, while some analysts have complained
Yamana's earnings and cash flow would suffer from the
combination.
Read more at Reuters.com Mergers News
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