RENEE MONTAGNE, host: Our business news starts with a merger in the copper industry.</s>RENEE MONTAGNE, host: Freeport-McMoRan Cooper and Gold wants acquire rival the Phelps Dodge Corporation for more than $25 billion. The merger will need approval from shareholders and regulators. The merger would create the world's largest publicly traded copper company.
Freeport-McMoRan Copper and Gold wants to acquire a rival, the Phelps Dodge Corporation, for more than $25 billion. The merger will need approval from shareholders and regulators. It would create the world's largest publicly traded copper company.