Eldorado Gold's proposal to buy Foran Mining opposed by Glass Lewis

What: Eldorado Gold's proposal to acquire Foran Mining has been opposed by Glass Lewis, a leading proxy advisory firm.
Why: Glass Lewis cited concerns over the potential risks and uncertainties associated with the acquisition.
Signal: The opposition from Glass Lewis may signal a challenging road ahead for Eldorado Gold's bid to acquire Foran Mining.
Target: Eldorado Gold has targeted a deal worth around **$1.2 billion** to acquire Foran Mining.
Risk: The deal faces significant risks, including potential regulatory hurdles and opposition from Foran Mining's shareholders.