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Pan American Silver Corp. (PAAS $75.46)
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MAG Silver Corp. (MAG $34.38)
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Pan American Silver Corp. (PAAS $55.21)
Q: Ref: Takeover. Since PAAS and MAG trade on 2 exchanges, will we receive PAAS shares, and cash, in the currency of our MAG shares or in US$? This is not very clear in the Arrangement document. Thanks.
5i Research Answer:
The currency will be Canadian. The broker will credit the compensation to whichever account the...