Tuesday, February 5, 2008

BHP Billiton launches $147 billion Rio Tinto bid (Reuters)



BHP Billiton Chief Executive Officer Marius Kloppers prepares to talk at the company's interim results briefing in Sydney, February 6, 2008. (Tim Wimborne/Reuters)Reuters - BHP Billiton Ltd/Plc
launched a hostile $147.4 billion bid for mining rival Rio
Tinto Ltd/Plc on Wednesday, in what could be
the second biggest takeover in corporate history.




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