Paulson & Co. said Thursday it opposes Newmont Mining Corp.’s $10 billion merger with Goldcorp Inc. because it would transfer away significant gains from a recently announced Nevada joint venture. “Under the current terms we are unable to support the transaction,” the hedge-fund firm wrote Newmont Chief Executive Gary Goldberg in a letter, which The Wall Street Journal first reported.
Source: Wall Street Journal March 21, 2019 20:15 UTC