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Contrary to Metorex stockholder calls for a 35% bigger bid from Vale (NYSE:VALE), the existing...

May 31, 2011 12:57 PM ETVale S.A. (VALE) StockVALEBy: Jason Aycock, SA News Editor
Contrary to Metorex stockholder calls for a 35% bigger bid from Vale (NYSE:VALE), the existing $1.1B offer wins support from the target's biggest shareholder. A Metorex spokesman says the deal may have more than 50% support.

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