A U.S. Court of Appeals issued an...
- Share via
A U.S. Court of Appeals issued an injunction temporarily blocking T. Boone Pickens Jr.’s Ivanhoe Partners from continuing its $72-a-share tender offer for Newmont Mining Corp. Under terms of the injunction issued by a three-judge panel of the 9th U.S. Circuit Court of Appeals in San Francisco, Pickens is blocked from continuing his offer for Newmont’s common stock, from acquiring additional common stock by any other means and from any attempt to acquire, influence or control Newmont pending a further order by the court. The next court date is Oct. 9.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.