Seeking Alpha

Speculation continues to build on rumors that BHP Billiton (BHP) is considering a bid for Walter...

Speculation continues to build on rumors that BHP Billiton (BHP) is considering a bid for Walter Energy (WLT). BHP is said to be considering a $55 per share all cash offer, and if true, would be the "swan song" for current WLT CEO Marius Kloppers, whom which BHP is said to be planning a successor for. Xtrata's Mick ‘the miner’ Davis is said to be a frontrunner to take his place. BHP -0.2%, WLT -2.3% AH.
Comments (1)
  • FocalPoint Analytics
    , contributor
    Comments (6152) | Send Message
     
    Peter Epstein has been talking about a buyout of WLT for some time now.
    5 Dec 2012, 07:51 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs