Tuesday, April 22, 2014

Goldcorp Gives Up On Osisko

Goldcorp is giving up on its bid for Osisko Mining.

The mining company says it will not raise its offer of $3.6 billion that expires tonight.

It's decision come on the heel's 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.