News Summary (KMKCF, THO)

Continental Minerals Corp KMKCF has agreed to be acquired by China's Jinchuan Group Ltd for C$432 million or C$2.60 per share in cash, representing a 13% premium to KMKCF's closing price of September 14. Treasury prices increased their gains to push the short-term yields down, after the softer-than-expected rise in the August US consumer prices, excluding food and energy. Yields on 10-year notes lost about 1.19%, while yields on 2-year notes moved down about 1.67%. Thor Industries THO has agreed to pay about $209 million in cash and stock to purchase Heartland Recreational Vehicles LLC. The acquisition comprises cash worth $100 million and 4.3 million shares of THO. THO's shares gained about 2.8% following the news. Read more from Benzinga's Markets.