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Rio rebuffs BHP, outlines growth plans Rio Tinto will spend $2.4 billion on new mines, raise its dividend and generate billions of dollars from asset sales as it seeks to fend off a $120 billion takeover proposal from larger rival BHP Billiton Ltd. 29 Nov 2007
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Gates grant will help wipe out polio: Health Officials The global campaign to eradicate polio received a $200 million grant on Monday, a needed cash infusion health officials say will help fund the final push to wipe out the disease. 27 Nov 2007
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Growing class gap divides black Americans: Report Many black Americans say the gap between middle- and working-class blacks has grown so wide that it is no longer accurate to describe them as a single race, according to a new report. 16 Nov 2007
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BHP pitches $30 billion buyback at Rio shareholders BHP Billiton has mapped out a plan for acquiring rival Rio Tinto, promising to hand shareholders $30 billion via a share buyback if the deal goes through. 13 Nov 2007
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BHP ponders $40 billion sale of petroleum arm: Report BHP Billiton, the world's biggest mining group, is considering the sale of one of its largest units, BHP Petroleum, to help finance a hostile takeover of Rio Tinto, the UK Sunday Times newspaper reported. 12 Nov 2007
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Investment banks vie for slice of Rio action Investment banks are scrambling for a slice of the action following BHP Billiton's $140 billion approach to Rio Tinto, a deal that would secure those involved a top place on the advisory league tables. 10 Nov 2007
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BHP Billiton's Rio offer may spark $170 billion bid war Rio Tinto's rejection of a $140 billion all-share offer from BHP Billiton is likely to trigger rival bids from resource companies awash with cash from record commodity and stock prices. 09 Nov 2007
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Rio Tinto could fetch over $170 billion: Analysts Global miner Rio Tinto could cost more than $170 billion if it is taken over, analysts said on Friday after it rejected a bid worth $140 billion from bigger rival BHP Billiton. 09 Nov 2007
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A $150 million condominium for sale in New York After noshing on a $1,000 bagel or tucking into a $25,000 ice cream sundae, a wealthy New Yorker needs someplace to flop on the couch and digest. Where better to do that than a $150 million pied-a-terre? 09 Nov 2007
