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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
August 7, 2008
GENEVA — A $10 billion takeover bid from Anglo-Swiss mining giant Xstrata PLC sent shares in rival Lonmin PLC soaring Wednesday, but the world’s No. 3 platinum producer rejected the offer as too low.
The London-based company urged investors not to sell as its stock shot up 50....