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Report: Walter Energy may be acquisition target by BHP, Rio Tinto

Oct. 02, 2014 8:25 AM ETWalter Energy, Inc. (WLT) StockBHP, WLT, RIOBy: Carl Surran, SA News Editor6 Comments
  • Walter Energy (NYSE:WLT) +5.7% premarket after The Guardian says BHP Billiton (NYSE:BHP) or Rio Tinto (NYSE:RIO) may be interested in buying the coal company for $5/share.
  • Clarkson Capital is out with a note saying the paper has passed along many rumors on U.S. coal activity over the years and none have proven true (Briefing.com).

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