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Shandong Gold Said to Make $785 Million Offer to Buy U.S. Producer Jaguar
Nov. 16, 2011 10:53AM PST
Precious MetalsBloomberg 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.
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