Shandong Gold Said to Make $785 Million Offer to Buy U.S. Producer Jaguar
Investing News Network - November 16th, 2011
Bloomberg reported that Shandong Gold Group Co. has made an offer to acquire Jaguar Mining (NYSE:JAG).
Bloomberg reported that Shandong Gold Group Co. has made an offer to acquire Jaguar Mining (NYSE:JAG).
As quoted in the market news:
Shandong bid $9.30 for each Jaguar share, said the people, who asked not to be identified because the information is confidential. That’s 73 percent more than Jaguar’s closing price of $5.39 yesterday in New York.