in der Branche geht weiter: Heute beim MiningStockMonkey:
On Monday, Sandstorm Gold announced a takeover bid by Royal Gold (RGLD) at a 17% premium to the previous day's closing price.
While a 17% premium isn't anything substantial, this comes after a huge run-up in Sandstorm's share price over the past few months. Therefore, this takeover is likely occurring at a huge premium relative to where Sandstorm's shares were trading when takeover talks started between the two companies.
At the same time as the Sandstorm transaction, Royal Gold is also buying Horizon Copper which was spun-out of Sandstorm a few years back.
If these transactions go through, Sandstorm shareholders will get Royal Gold shares and Horizon Copper shareholders will get cash. Both transactions are subject to shareholder approval. |