Goldcorp Inc.'s(GG) is going to take over Glamis Gold Ltd. (GLG) in a $6.5 billion all-stock deal. is this good or bad for Goldcorp and why is Rob McEwen a large stock holder so agenst it. Someone give me info
2006-10-24 15:02:34 · 1 answers · asked by JOHN 2 in Business & Finance ➔ Investing
Financially, it doesn 't seem to be a horrible deal. GG might be paying $50 million in premium for the takeover. However, the companies might have different management styles or their corporate cultures clash. The problem seems to be below the surface. So, do your due diligence if you plan to invest in either of the companies. Good luck.
2006-10-24 15:26:25 · answer #1 · answered by Mr. Main Event 5 · 0⤊ 0⤋
This is not a good place to get your answer. Prudent research is best. Try schwab.com for good free research!
2006-10-24 15:06:13 · answer #2 · answered by Elay 2 · 0⤊ 0⤋