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Pan American, Tahoe merge to form silver giant

Pan American Silver (NASDAQ:PAAS) and Tahoe Resources (TSX:THO) have agreed to merge to create one of the world’s largest silver miners.

Tom Azzopardi in Santiago
The Escobal silver mine may restart by the end of 2019

The Escobal silver mine may restart by the end of 2019

Under the deal, essentially an acquisition by Pan American, Tahoe shareholders can elect to receive US$3.40 in cash or 0.2403 of a Pan American share for each Tahoe share held, valuing Tahoe at about US$1.1...

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