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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
July 12, 2011
Macarthur Coal, an Australian mining company, has received a sweetened takeover bid. The company said Monday that Peabody Energy and ArcelorMittal had offered to take a controlling stake in Macarthur for 15.50 Australian dollars a share, valuing it at AU$4.7 billion, or $5.1 billion.
The....