Home » Mainstream Business News » NewsAlert: Dominion Diamond gets friendly takeover offer worth US$1.2 billion

NewsAlert: Dominion Diamond gets friendly takeover offer worth US$1.2 billion

TORONTO -Dominion Diamond Corp. says it’s accepting a US$1.2-billion friendly cash takeover offer from The Washington Companies.

The privately held Montana-based company is offering US$14.25 per share for all shares of Dominion Diamond (TSX:DDC), which is one of the world’s largest diamond producers.

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