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Glencore, Xstrata Confirm Talks On Potential $80B Buy

By Evan Weinberger ( February 2, 2012, 7:01 PM EST) -- Commodities trader Glencore International PLC and mining giant Xstrata PLC on Thursday confirmed that they were in talks on a merger that could be valued at up to $80 billion, with Glencore facing a March 1 deadline to make a firm offer....

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