Jaguar Mining (JAG) received a $1 billion takeover bid from Chinese state-owned
Shandong Gold Group Co. on Wednesday, marking the latest deal in a growing trend
of merger and acquisition activity in the gold sector. The Wall Street Journal
reported that the $9.30 per share offer values Jaguar at $1 billion, and
represents a 72.5% premium to yesterday's $5.39 closing price.
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