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Northern Star to use cash to buy Echo

Northern Star talks M&A, boosts dividend

Kristie Batten
Northern Star Resources executive chairman Bill Beament

Northern Star Resources executive chairman Bill Beament

The board of Echo is backing the 33c per share deal, which represents a 39.4% premium to Echo's last price and a 42.1% premium to the 10-day volume-weighted average price. The offer values Echo at $242.6...

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