Barrick Gold to Buy Placer Dome

Summary


NEW YORK (AP) -- Toronto-based Barrick Gold Corp., the world's No. 3 gold producer, agreed on friendly terms to acquire Placer Dome Inc. after raising its offer for the Vancouver gold producer to $10.4 billion, the companies said Thursday.

That deal prompted Van- couver-based gold producer Goldcorp Inc. to buy certain mining assets from Barrick for just under $1.49 billion in cash.

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Barrick Gold to Buy Placer Dome

In Thursday trading on the New York Sto...

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