Phelps Dodge Merger with Freeport McMoRan to Create Copper Giant

December 2006
Metal Center News;Dec2006, Vol. 46 Issue 13, p70
Trade Publication
The article informs that Phoenix, Arizona-based Phelps Dodge Corp. is going to be merged with Freeport-McMoRan Copper & Gold Inc. Phelps Dodge will be acquired for approximately $25.9 billion in cash and stock. The combined company will have large, geographically diverse assets and significant reserves of copper, gold and molybdenum.


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