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Monday, December 19, 2011
Eldorado Gold (EGO) to Buy European Goldfields (EGU.TSX) for C$2.5 Billion
In the latest instance of merger and acquisition activity in the gold stocks sector, Eldorado Gold (ELD.TSX, NYSE: EGO) announced on Sunday that it entered into a friendly agreement to acquire European Goldfields (EGU.TSX) for C$2.5 billion.
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