| From News.com.au: RIO Tinto's stubborn rejection of BHP Billiton's $US66 billion ($102 billion) offer appeared more misplaced than ever yesterday, as the share price gap between target and suitor narrowed to just $5.
A year ago the gap was $100 and at the peak of the deal in May, the trading gap between the two mining giants was more than $106. In the past month, investors concerned about Rio's huge debts and the world's faltering demand for commodities have sent the company's share price down 60 per cent..... Full Article: Source
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