RE:Goldcorp could get $650 million breakup feeramonal wrote: if Newmont doesn't want to go ahead with the deal and certain conditions are met. Better than the merger deal!
While in the short term G is down, in the long run a buyer for NEM could benefit G in one of several ways. (1) break-up fee. (2) the proposed acquisition of NEM falls apart - but the market recognizes that NEM itself is undervalued, thereby dragging up G (3) ABX changes it's mind and decides they want G as well. --------------------- I'm of the opinion G is worth more on it's own....so would be quite happy with the break-up fee...and a change of Mgt...and or perhaps another suitor (AEM?). It's all good IMO. MM