Monday, January 27, 2014

John Paulson owns Allied Nevada shares

John Paulson owns 1.5 million Allied Nevada shares (0.04% of his portfolio).

A Chinese mining company opened a cash tender offer for all common Allied Nevada shares and related stock purchase rights. China Gold Stone will pay $7.50 in cash for each share of the Nevada-based gold producer. The tender offer will expire midnight on January 24th.

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