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Investors simply hate Freeport's $20bn oil-gas buy

Frik Els | December 05, 2012 | 9:34 pm Base Metals Energy Precious Metals Asia Copper Gold 

Investors were taking chunks out of Freeport-McMoRan Copper & Gold Inc (NYSE:FCX) stock on Wednesday, after the company announced a $20 billion deal that would see the miner re-enter the oil and gas business. Freeport is buying Plains Exploration Production,...

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