Rio Tinto cheers Feb. deadline for formal BHP offer

Dec 21, 2007 | 10:17 AM |

Rio Tinto on Friday welcomed an announcement by Britain's Takeover Panel Executive that imposed a Feb. 6 deadline on BHP Billiton to formalize its offer for Rio Tinto.

As a result of the so-called "put up or shut up" ruling, BHP must announce a firm intention to make an offer for Rio Tinto or say....

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