Jaguar Mining Jumps Nearly 9% after Acknowledging Outside Interest for Potential Deal
Jaguar Mining Inc. (JAG.TO) is up nearly 9% in early trade at $6.30 a share after saying the company, through its advisors JP Morgan, has solicited interest over the past few week regarding a potential change of control or merger transaction.
The Jaguar board has appointed a Special Committee comprised solely of independent directors to review and evaluate any proposals received as part of the strategic review process as well as assessing whether any proposal would be more desirable than Jaguar continuing to operate on a stand-alone basis.
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