Gold Road rejects $3B takeover bid from Gold Fields

Australia’s Gold Road Resources (ASX: GOR) has rejected a A$3.3 billion (C$2.97 billion) takeover bid from South Africa’s Gold Fields (JSE, NYSE: GFI), calling the offer "highly opportunistic" and saying it undervalued the company. The Johannesburg-based miner offered A$3.05 per share —...