Kinross Gold to Buy Red Back Mining for $7.1 Billion
Kinross Gold will buy the 91% of shares in Red Back Mining that it doesn't already own. The price represents a value of C$30.50 ($29.77) per Red Back share.
Kinross Gold Corp
Kinross Gold will buy the 91% of shares in Red Back Mining that it doesn't already own. The price represents a value of C$30.50 ($29.77) per Red Back share.
Citi isn't getting off the hook anytime soon. But Cincinnati-based Fifth Third Bancorp might. It took $3.4 billion to mend its bruised balance sheet and could need to raise as little as $1 billion to repay TARP