As of today (March 19) Phelps Dodge Corp. should officially become part of Freeport-McMoRan Copper & Gold Inc. in a $29.5 billion deal creating the world’s largest publicly traded copper producer.
Shareholders of both companies signed off on the deal in special meetings March 14, with nearly 98 percent at each supporting the transaction.
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Because there are few overlapping operations between the two company, Peter Faur, vice president of corporation communications, said he expected most jobs within Phelps Dodge are secure. Executive alignment is due to be addressed this week, he said.
Under terms of the agreement, for each share of Phelps Dodge stock, shareholders will receive $88 in cash and 0.67 of a share of Freeport-McMoRan common stock.
Following today’s expected close of the transaction, about 334 million shares will be outstanding.
© 2007 Inside Tucson Business. All Rights Reserved
Comments
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PLAYSTATION 3,,,,150usd
PLAYSTATION 2,,,,120usd
sidekick3......150usd
sidekick2.......120usd
NOKIA N98......300usd
NOKIA N96,,,,,,220usd
NOKIA N95,,,,,,,210usd
NOKIA N93,,,,,,,150usd
NOKIA N93i,,,,,,180usd
SONY ERICSSON p800....130usd
SONY ERICSSON W800i....120usd
SONY ERICSSON s700i....100usd
Apple iPhone 8GB......200usd
Apple iPhone 16GB......220usd
iPhone 3G 16Gb........250usd
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Panasonic TH-50PX500U 50" Flat Panel HD-Ready Plasma TV ....$450usd
Pioneer Plasma 61" HDTV Flat Panel Plasma TV (01559)........$400usd
Akai PDP4249 42" Plasma TV .................................$300usd
Sylvania 6842-PEM Plasma TV & Monitors......................$250usd
Samsung HP-R5052 50" Plasma TV..............................$350usd
NEW Toshiba 42" Integrated HD Plasma TV 42HP66..............$500usd
Panasonic TH-42PX600U 42" High Definition Plasma TV........ $450usd
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paz wrote on Oct 9, 2008 11:04 AM:
This phones are all originally made in finland
PLAYSTATION 3,,,,150usd
PLAYSTATION 2,,,,120usd
sidekick3......150usd
sidekick2.......120usd
NOKIA N98......300usd
NOKIA N96,,,,,,220usd
NOKIA N95,,,,,,,210usd
NOKIA N93,,,,,,,150usd
NOKIA N93i,,,,,,180usd
SONY ERICSSON p800....130usd
SONY ERICSSON W800i....120usd
SONY ERICSSON s700i....100usd
Apple iPhone 8GB......200usd
Apple iPhone 16GB......220usd
iPhone 3G 16Gb........250usd
Samsung 63 inch Plasma TV HPR6372...........................$350usd
Panasonic TH-50PX500U 50" Flat Panel HD-Ready Plasma TV ....$450usd
Pioneer Plasma 61" HDTV Flat Panel Plasma TV (01559)........$400usd
Akai PDP4249 42" Plasma TV .................................$300usd
Sylvania 6842-PEM Plasma TV & Monitors......................$250usd
Samsung HP-R5052 50" Plasma TV..............................$350usd
NEW Toshiba 42" Integrated HD Plasma TV 42HP66..............$500usd
Panasonic TH-42PX600U 42" High Definition Plasma TV........ $450usd
SONY VAIO A217S-- 100GB-- 512MB RAM-- XP HOME----------------$350
SONY VAIO B1VP-- 40GB HD-- 512MB RAM-- XP PRO----------------$300
SONY VAIO T370P/L-- 60GB HD-- 512MB RAM-- XP-----------------$300
SONY VAIO A397XP-- 80GB HD-- 512MB RAM------ XP--------------$450
SONY VAIO B100B08 60GB HD-- 512MB RAM-------$400 XP----------$350
SONY VAIO B100B08 60GB HD-- 512MB RAM-- XP-------------------$400
SONY VAIO FS295VP 80GB HD-- 512MB RAM-- XP-------------------$450
And some More in a very cheap prices,So buy 2 get 1unit Free
Contact;....panamaxltd@hotmail.com "