Royal Gold Starts A Royalty Rumble

Royal Gold (RGL-T, RGLD-Q) has signed a friendly deal to acquire International Royalty (IRC-T, ROY-X) for $749 million in cash and shares, outdoing a $640-million all-cash hostile bid by Franco-Nevada (FNV-T) in early December.The deep-pocketed Franco- Nevada can still make...

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