BHP formalizes bid for Rio Tinto

After months of speculation, BHP Billiton (BHP-N, BLT-L, BHP-A) has finally made a formal bid for Rio Tinto (RTP-N, RIO-L, RIO-A), and bumped up its offer to boot.But the new all-share offer of 3.4 shares for each Rio Tinto share...

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