GG Confirms Agreement to Buy PDG Assets On Completion of ABX Deal

December 22, 2005 10:29 AM EST

Goldcorp Inc. (NYSE: GG) confirmed its previous agreement to acquire certain mining assets of Placer Dome Inc. (NYSE: PDG) from Barrick Gold Corporation (NYSE: ABX) upon successful completion of the friendly Barrick-Placer Dome transaction announced today. The purchase price will be US$1.485 billion in cash.


Related Categories

Mergers and Acquisitions

Stocks Mentioned

ABX 35.28

-0.39 -1.09%
Volume: 3,805,833
Track ABX

GG 35.46

-0.43 -1.20%
Volume: 3,234,396
Track GG

PDG 0.00

-22.04 -100.00%
Volume: 0
Track PDG


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