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Miami News

Local news for Miami, AZ continually updated from thousands of sources on the web.

Freeport expects to pay PD buyout debt early - December 17, 2007

"Our financial policy will be reviewed on an ongoing basis and will be designed to maintain a strong balance sheet, enable financial flexibility to invest in organic growth and provide strong cash returns to shareholders subject to market conditions" Prior to Freeport-McMo-Ran Copper & Gold Inc.'s acquisition of Phelps Dodge this spring, industry analysts questioned whether FMI was biting off more than it could chew because of the large debt it assumed to ... via Eastern Arizona Courier
http://www.topix.net/city/miami-az/2007/12/freeport-expects-to-pay-pd-buyout-debt-early?fr...
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