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Tahoe Resources offers mostly stock for Rio Alto in $1.3-billion friendly deal

2015-02-09 14:50:38| Automakers - Topix.net

Tahoe Resources Inc. and Rio Alto Mining are planning to combine their businesses to create a mid-sized silver and gold producer operating primarily in Guatemala and Peru. Tahoe's friendly takeover offer values Rio Alto at about $1.3 billion, based on Friday stock prices for the two companies.

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