BHP Billiton (BHP-N) has bid US$7.3 billion in cash for Australian-based WMC Resources (WMC-N). The offer translates as A$7.85 per share, for a total value of A$9.2 billion.Grant Samuel & Associates recently estimated WMC's value at A$7.17-A$8.24 per share.BHP Billiton...
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