text: 2nd UPDATE: Xstrata Bids A\$7.4B For WMC, Rivals Circle MELBOURNE (Dow Jones)--Swiss-based Xstrata Plc (XTA.LN) Thursday put WMC Resources Ltd. (WMR.AU) in play, offering A\$7.4 billion for the Australian miner that represents the start of a long bidding war.
inputs: 2nd UPDATE: Xstrata Bids A\$7.4B For WMC, Rivals Circle MELBOURNE (Dow Jones)--Swiss-based Xstrata Plc (XTA.LN) Thursday put WMC Resources Ltd. (WMR.AU) in play, offering A\$7.4 billion for the Australian miner that represents the start of a long bidding war.