Phelps Dodge bids for Cobre

Its formal bid now on the table, copper colossus Phelps Dodge (PD-N) is waging a public campaign for control of up-and-coming producer Cobre Mining (CBU-T).Early in November, Phelps Dodge caught Albuquerque-based Cobre off-guard with a takeover proposal. Cobre's board rebuffed...

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