RE:RE:Possible takeout...For reasons stated, majors may be reluctant to take on debt to purchase.
However, they could leverage their SP rating advantage, in order to purchase accretively for paper.
AEM has a premium rating due to a 25+ year dividend history and proven management.
It took KLG time to negotiate their mergers with St Andrews and the proposed merger with NMI and it may be too complex in the short term for it to be swallowed up by a larger fish.