BLOOMBERG The Pulse October 7, 2014
Am guy johnson. Io saying no the worlds secondbiggest iron ore exporter has rejected an approach from glencore that wouldve crated the worlds biggest miner. Jesse, you guys have been working on this and watching it very carefully. He is a deal maker. He have done it through inquisitive deals over the past 15 or 20 years. He has been here for 10 years. In this instance, the big issue will come down to price was the what we know about glencore is they never overpay for anything. To get rio, it looks like it will have to be hostile now and would be a chunky premium. Is it the last deal he will do...