LAWFUEL – Law News Network – Phelps Dodge Corp., the world’s third-lar…
LAWFUEL – Law News Network – Phelps Dodge Corp., the world’s third-largest copper producer, agreed to buy Canadian nickel miners Inco Ltd. and Falconbridge Ltd. for $40 billion, protecting the two companies from hostile suitors in the largest mining takeover. Phelps Dodge’s deal will thwart Canada’s Tech Cominco Ltd.’s hostile bid of C$15.2 billion bid
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