Posted On: 02/07/2014 11:12:03 AM
Post# of 9903
Hey guys, read this...stangely familiar? "G oldcorp Inc.’s hostile bid for smaller rival Osisko Mining Corp. hit a snag on Tuesday after a Quebec court said it would hear complaints against the larger gold company early in March.
Osisko has sued Goldcorp for allegedly misusing confidential information that Osisko provided when the gold mining companies were contemplating a friendly transaction."
" The companies first entered into a confidentiality agreement in 2008 after Goldcorp agreed to buy a strategic stake in Osisko to help the smaller company build the Quebec mine.
Since then, the relationship between the miners has deteriorated with the companies publicly accusing each other of acting in bad faith."
http://www.theglobeandmail.com/report-on-busi...e16701448/
(0)
(0)
