Antitrust regulators OK Freeport’s acquisition
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From Bloomberg News
New Orleans-based Freeport-McMoRan Copper & Gold Inc., which owns the world’s largest gold mine, won approval from U.S. antitrust regulators for its $25.4-billion acquisition of Phelps Dodge Corp.
The Federal Trade Commission and the Justice Department completed the review of the transaction without taking any action, the commission said on its website.
Freeport spokesmen couldn’t be reached for comment.
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