Australian miner Newcrest Mining (TSX: NCM) announced last night that it has rejected the acquisition offer from Colorado-based gold producer Newmont Corp (NYSE: NEM) with its current price tag equivalent to $16.9 billion. According to the Indicative Proposal, Newcrest shareholders would get 0.380 Newmont shares for every Newcrest share held. Based on the last closing price of … Continue reading Why Did Newcrest Reject Newmont’s $16.9-Billion Acquisition Offer?