Freeport-McMoRan (FCX) Acquires Plains Exploration (PXP) and McMoRan Exploration (MMR)

Shares of mining giant Freeport McMoRan (FCX: Charts, News) dived over 17% at the end of last week, after the company announced its planned acquisition of oil and natural gas producers Plains Exploration (PXP: Charts, News) and McMoRan Exploration (... Read more