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Rio Tinto rebuffs BHP Billiton bid

Rio Tinto rebuffs BHP Billiton bid

Mining group Rio Tinto spurned an improved 100.9-billion-euro takeover offer from rival BHP Billiton on Wednesday, saying the terms of the proposed mega-merger were not in the interests of shareholders.

Submission | February 7, 2008Watch more videos from Submission

Tags:. .offer. .wednesday. .interests. .improved. .terms

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