Stocks in play: New Gold Inc.
And Coeur Mining, Inc. today announced that they have entered into a definitive agreement whereby a wholly-owned subsidiary of Coeur will acquire all of the issued and outstanding shares of New Gold, pursuant to a court-approved plan of arrangement. Under the terms of the Arrangement Agreement, New Gold shareholders will receive 0.4959 shares of Coeur common stock for each New Gold common share. New Gold Inc. shares T.NGD are trading up $0.46 at $10.79.
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