Business
Franco-Nevada Enters into Definitive Arrangement Agreement to Acquire Gold Wheaton
Jan. 6, 2011 (Canada NewsWire Group) -- This press release contains forward-looking statemen...

About this update from Franco-nevada Corporation
[{"type":"text","content":"\n\n\n\n Jan. 6, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nThis press release contains forward-looking statements. Reference should\n be made to the "Cautionary Statements on Forward-looking Information"\n at the end of this press release.\n\n\nTORONTO, Jan. 6 /CNW/ - Franco-Nevada Corporation (TSX - FNV)\n ("Franco-Nevada" or the "Company") is pleased to announce that it and\n Gold Wheaton Gold Corp. ("Gold Wheaton") have entered into a definitive\n arrangement agreement (the "Arrangement Agreement") whereby\n Franco-Nevada will acquire the issued Gold Wheaton common shares that\n it does not already own for a combination of shares and cash by way of\n a court approved Plan of Arrangement.  The consideration is valued at\n C$5.20 per Gold Wheaton common share based on the closing price of\n Franco-Nevada common shares on the day prior to the original\n announcement of the transaction. The Arrangement Agreement provides\n additional flexibility regarding the form of consideration available to\n the Gold Wheaton shareholders and warrant holders.\n\n\nThe letter agreement entered into by Gold Wheaton and Franco-Nevada on\n December 12, 2010 (the "Letter Agreement") provided that shareholders\n of Gold Wheaton were to receive a 60/40 split as between share\n consideration and cash consideration. The Arrangement Agreement (which\n supersedes the Letter Agreement) provides Gold Wheaton shareholders\n (other than ...