Goldcorp is giving up on its bid for Osisko Mining. The mining company says it will not raise its offer of 3.6-billion dollars that expires tonight. Its decision comes on the heels of last week's announcement that Yamana Gold and Angico Eagle Mines are joining forces to acquire Osisko for 3.9-billion, creating a new company called New Osisko.
Tuesday, April 22, 2014
Goldcorp Gives Up
Goldcorp is giving up on its bid for Osisko Mining. The mining company says it will not raise its offer of 3.6-billion dollars that expires tonight. Its decision comes on the heels of last week's announcement that Yamana Gold and Angico Eagle Mines are joining forces to acquire Osisko for 3.9-billion, creating a new company called New Osisko.
