Articles Tagged "update"

Merger Proposal Update for the Toronto Stock Exchange

Gold – On Friday, the board of directors for the TMX Group Inc., the owner of the Toronto Stock Exchange, rejected an offer by a consortium of pension funds and banks, saying it "does not constitute a superior proposal" to a planned $3.2-billion merger with the London Stock Exchange Group PLC.

Upgrader: Brass Tacks

Heavy Investing News reports oil prices rallying in the US$90 range and cause concern to investors. The prospect of further price declines in conjunction with extremely curtailed access to credit should be worrying to companies. It should be especially worrying to juniors and companies on the venture exchange. In the months ahead, one would expect consolidation in the [...]