Alcoa Withdraws Offer for Alcan.

Business WireJuly 12, 2007

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Alcoa Withdraws Offer for Alcan.

NEW YORK -- Alcoa Inc. (NYSE:AA) announced today that it has withdrawn its offer for Alcan Inc. (TSX: AL; NYSE: AL.) in light of Rio Tinto's announced agreement to purchase Alcan.

"Rio's offer for Alcan strongly reinforces our view of the underlying value in ...

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