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Shooting fish in a tank

11 December 2006 By John Christy

It takes a lot to pull the hedge fund boss away from his pickled shark collection. Now he s gone public against Freeport s bid for Phelps. It s about time someone did. The deal offers Freeport shareholders little in synergies or diversification. And brings plenty of risk. It’s about time someone did. The deal offers Phelps shareholders little in synergies. And brings plenty of risk.

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