Barrick CEO: Synergies Would Mean Premium For Newmont Shares

Barrick Gold Corp. (NYSE: GOLD; TSX: ABX) is arguing that its proposal to buy Newmont Mining Corp. (NYSE: NEM) in essence provides Newmont shareholders a premium through an estimated $7 billion in synergies, even though a premium was not built into the share-price offer, Barrickā€™s chief executive said on Monday.

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