Coeur Mining (CDE), New Gold Merger Gains Shareholder Approval
Coeur Mining Inc (NYSE:CDE) is one of the most undervalued stocks to buy and hold for 5 years. On January 27, Coeur Mining Inc (NYSE:CDE) announced that it had gained shareholder support for the proposed merger with New Gold Inc. The two companies voted on the merger during their respective special meetings, in which 99.22% of New Gold shareholders supported the transaction. As a result, New Gold shareholders will receive 0.4959 shares of Coeur common stock for each New Gold share they hold. Coeur Mining ( ...