Rio Tinto (RIO.L) gained 2.4 percent amid media reports that Rio is talking to Australian-listed coal miner Riversdale (RIV.AX) about a higher $3.8 billion takeover bid, ahead of a possible bidding war.
I love the last 3 words on this Paragraph
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- rio bids for riversdale @ $16.50
rio bids for riversdale @ $16.50, page-5
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