Barrick and Randgold to merge in US$18B deal

Barrick Gold (TSX: ABX; NYSE: ABX) and Randgold Resources (LON: RRS; NASDAQ: GOLD) have agreed to a share-for-share merger to create the New Barrick Group in a deal valued at US$18.3 billion. Randgold shareholders will receive 6.12 new Barrick shares...