Proposed M&A activity involving Colorado companies in the past week.
1) Liberty Media Corp. of Englewood announced a Dutch auction self-tender offer to repurchase some of its class A common shares at a range of $23.75 to $25.75. The goal is to acquire up to $500 million worth of shares.
2) Mutual of Omaha Insurance Co. through a wholly owned subsidiary plans to acquire Peak National Bank based in Nederland. Financial details of the offer were not disclosed.
3) Backcountry.com has an agreement with Liberty Media Corp. of Englewood to be acquired sometime at the end of the second quarter for an undisclosed amount.
4) Vista Gold Corp. has spun off Allied Nevada Gold Corp. Both are based in Littleton. All Vista Gold shareholders who held one share in Vista Gold received 0.794 of a share in the newly spun-off entity Allied Nevada Gold Corp. Also, shareholders who possess fractional shares will receive cash in lieu.
5) Vista Gold Corp. announced it had sold its Nevada property and Carl and Janet Pescio’s Nevada mineral assets to Allied Nevada Gold Corp. for an undisclosed cash amount.
