News summary
Anglo American under shareholder pressureeuropeanroulette, may continue mining merger talks with BHP Billiton worth 38.6 billion pounds, and the negotiation period has been extended by one week.
Newsletter text
[Shareholders urge Anglo American and BHP Billiton to continue negotiations] According to a person familiar with the matter, BlackRock and other important shareholders are pushing Anglo American to continue negotiations with BHP Billiton on a mining merger worth 38.6 billion pounds. Although Anglo American rejected BHP Billiton's third acquisition plan on Wednesday, the two companies immediately agreed to extend the negotiation deadline by one week.
