11:17 AM EST - Kinross Gold Corp. : said on Monday it is offering to buy Bema Gold Corp. in a friendly all-stock deal worth $3.1 billion. Kinross, the world's eight largest gold company, is offering 0.441 of a Kinross share for every Bema share. That represents a 34 percent premium on the 20-day average price of Bema's shares on the Toronto Stock Exchange. Shares of both companies have been halted on the Toronto Stock Exchange. Kinross Gold Corp.
T.K are trading halted at $14.99.
