Goodmans represents Newmont in its $1.5 billion bid to acquire Miramar Mining
|Area||Corporate and Commercial, Mergers and Acquisitions, Tax, Competition, Antitrust and Foreign Investment|
On October 9, 2007, Newmont Mining Corporation and Miramar Mining Corporation announced that they have entered into a definitive support agreement that provides for the acquisition by Newmont, with the unanimous support of the Miramar board of directors, of all the outstanding common shares of Miramar for C$6.25 cash per common share. The acquisition will be effected through a take-over bid that is expected to be mailed to Miramar shareholders by the end of October.
Goodmans LLP and Wachtell, Lipton, Rosen & Katz are representing Newmont Mining in the transaction.