<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20061120/bs_nm/minerals_phelpsdodge_freeportmcmoranurgen_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20061120/2006_11_19t203107_450x302_us_minerals_phelpsdodge_ freeportmcmoranurgen.jpg?x=130&y=87&sig=mvH0k07xrX hxPn1SO35zsg--" align="left" height="87" width="130" alt="A general view of a giant mine run by U.S. firm Freeport-McMoran Copper and Gold Inc., at the Grasberg mining operation, in Indonesia's Papua province is seen in this July 22, 2005 file photograph. Freeport-McMoRan said on Sunday it agreed to acquire Phelps Dodge Corp for about $25.9 billion in cash and stock, creating what it called the world's largest publicly traded copper company. (Stringer/Reuters)" border="0" /></a>Reuters - Freeport-McMoRan Copper & Gold Inc.
said it agreed to buy much larger Phelps Dodge Corp.
for $25.9 billion in cash and stock to create the
world's largest publicly traded copper company.</p><br clear="all"/>

View the entire article: Freeport-McMoRan agrees to buy Phelps for $25.9 billion
(Reuters)