Wednesday, June 27, 2007

UPDATE 1-Yamana, Northern seek three-way gold merger

(Reuters) - Under the deal, Northern Orion shareholders would receive
0.543 of a Yamana share, or C$7.07 based on Yamana's Wednesday
closing price. Meridian shareholders would receive 2.235 of a
Yamana share plus C$3.15 in cash, totaling C$32.25 per share,
Yamana and Northern said.




The three companies have a combined market capitalization
of about $7.5 billion, according to Reuters Data.


Read more at Reuters.com Mergers News

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