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An oil jack. (Larry MacDougal/The Canadian Press)
An oil jack. (Larry MacDougal/The Canadian Press)

Tuesday's small-cap stocks to watch Add to ...

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Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.

 

Tricon Capital Group Inc. (TCN-T) is buying Silver Bay Realty Trust Corp. (SBY-N) in an all-cash transaction valued at $21.50 (U.S.) per share.

The transaction is valued at $1.4-billion, which includes the equity purchase price of about $820-million and about $600-million of Silver Bay debt that will be refinanced in conjunction with the acquisition. 

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