Osisko Taking Goldcorp To Court

Osisko Mining is taking legal action against Goldcorp.  Osisko alleges that Goldcorp misused confidential information prior to making a hostile take-over bid for the company. None of the allegations have been proven in court.  Goldcorp's offer is about 2-point-6 billion dollars, but Osisko calls it "opportunistic and financially inadequate." Osisko is also in the process of mailing its recommendation to shareholders, urging them to reject the offer.