Paulson says suitor is interested in acquiring Detour Gold


By Danielle Bochove
Bloomberg News
Wednesday, July 18, 2018

Paulson & Co., the hedge fund run by billionaire manager John Paulson, said it has received information from Detour Gold Corp. that a major gold miner is interested in potentially acquiring it. Detour surged as much as 13 percent after the news.

Paulson says it requested that Detour’s board immediately share the information with all shareholders and the public, and announce a formal process to evaluate strategic opportunities. ...

Paulson has become increasingly vocal about its grievances with the gold sector and is looking to form a coalition of investors to tackle some of its biggest complaints.

... For the remainder of the report:


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