On January 14, Newmont Mining Corp. and Goldcorp Inc. announced they entered into a definitive agreement where Newmont will acquire all of the outstanding common shares of Goldcorp in an all-stock transaction valued at $10 billion. Under the terms of the agreement, Newmont will acquire each Goldcorp share for 0.3280 of a Newmont share, which represents a 17% premium based on the companies’ 20-day volume weighted average share prices.
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