Jim Kingsland's Financial Balderdash
Financial Reality For Those Who Can Handle the Truth
Thursday, March 1, 2007
Big AL - Alcan That Is
O Estado D S Paulo
is reporting that Alcan (AL) could get a bid from Cia. Vale do Rio Doce (RIO). AL is up 4% and options volatility has spiked as well.
I went to the trouble of translating the article which says RIO would bid at least $20 bln.
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