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Tuesday, November 25, 2008 7:38 AM TweetThis
  • BHP (BHP) abandons its year-old hostile bid for Rio Tinto (RTP), citing global market turmoil. BHP execs said the deal would raise BHP's debt, make asset sales difficult and was no longer in shareholders' interests. Premarket: BHP +30.4%. RTP -27.8%.
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