May 15, 2017 / 3:31 PM / in 5 months

BUZZ-Eldorado Gold Corp: To buy Integra Gold for C$590 mln

** Canadian gold miner’s shares down as much as 9.6 pct at C$4.52; U.S.-listed shares dip as much as 9.3 pct to $3.32

** Both stocks post biggest pct drop in over 2 months

** Co to buy smaller rival Integra Gold Corp for about C$590 mln, representing a premium of about 51 pct premium to the company’s closing price of 80 Canadian cents on Friday

** Over 4.8 mln Toronto-listed shares of Eldorado changed hands by 1506 GMT, 1.5x their 30-day moving avg

** Up to Friday’s close, ELD had fallen 17.8 pct and EGO had fallen 22.6 pct in the past 12 months

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