Yamana Gold to Buy Extorre For About $414 Million in Cash, Stock

Yamana Gold Inc. (YRI) agreed to buy Extorre Gold Mines Ltd. (XG) for about C$414 ($404.1) million in cash and shares.

Extorre shareholders will receive C$3.50 in cash and 0.0467 percent of a share of Yamana, according to a statement from Extorre today.

To contact the editor responsible for this story: Jessica Resnick-Ault at jresnickault@bloomberg.net

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