Updated from 11:45 a.m. EST with settlement prices and comments from President ObamaNEW YORK ( TheStreet) --
The deal is valued at about C$590 million.
BofA/Merrill Lynch raised its rating on Eldorado Gold (EGO) stock by two notches on Wednesday.
Credit Suisse upped its rating on Eldorado Gold (EGO) stock on Monday to 'outperform.'
Gold prices were falling to one-month lows Wednesday, weighing on Eldorado Gold (EGO) stock.