1. Proxy Advisor Glass Lewis Opposes Eldorado Gold's Acquisition of Foran Mining
A major proxy advisory firm has thrown a wrench into Eldorado Gold's planned acquisition of Foran Mining. Glass Lewis & Co. has formally recommended that Foran Mining shareholders vote AGAINST the proposed C$1.1 billion all-stock deal. This opposition creates a significant hurdle for Eldorado, which requires approval f...