Barrick-Newmont Deal
Newmont Chairman , Vincent Calarco
combined company and the roles of the chairman , chief executive officer and lead director .
On April 28 , Barrick Gold released a press release stating that merger talks between the two gold giants were over . Barrick ’ s outgoing Chairman Peter Munk openly criticized Newmont , claiming that the company is “ not shareholder friendly .” The actions by Munk were very antagonizing towards Newmont ’ s board , especially when the two companies are negotiating a partnership .
Newmont then released a letter it sent to Barrick co-chairman John Thornton and the company ’ s board of directors .
“ While our team has found your management team ’ s engagement to be constructive and professional , the same constructive nature cannot be said of our discussions with your co-chairman on certain fundamental
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