Source: Yahoo Finance

A U.S. court will rule on Potash Corp's request for a preliminary injunction against unsolicited suitor BHP Billiton, ahead of the Nov. 18 deadline on the Anglo-Australian miner's $39 billion tender offer, Judge David Coar said on Monday.


However, the eventual outcome in court will be of little significance, unless the world's largest mining company is able to convince the Canadian government to allow its takeover bid to proceed. Earlier this week, Canada's government said the takeover would not be a benefit for the country, essentially blocking BHP's bid. 

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