BHP Billiton Raise bidding price to 70b lb

Tuesday, Jan 22, 2008
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BHP Billiton plans to raise bidding price to 70b lb, which be the second largest purchase in history. It said BHP has deal on this fund with bank financial group and cope with these complicated law problems in this case. This combination may create a mine corporation whose value surpass Microsoft. However, BHP board hasn’t got a unanimous agreement on this rising biding price. BHP plans on anounce its income in forth quarter.

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