Primero snapping up Cerro del Gallo

Toronto-based gold producer Primero Mining (P-T, PPP-N) has waded into merger-and-acquisition waters with a friendly offer to buy Australian gold explorer Cerro Resources (CJO-V, CJO-A) in an all-stock deal worth US$120 million.Cerro shareholders would receive 0.023 of a Primero share...

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