The Estrado de S. Paulo newspaper reported that Brazilian iron ore miner Vale (NYSE: VALE) may be interested in acquiring Mosaic Co. (NYSE: MOS). Shares of Mosaic surged $4.86 to $49.41 while Vale stock eased 40 cents to $17.67.
Vale Rumored To Be Interested In Mosaic
July 16, 2009 at 14:14 PM EDT