Source: The Sydney Morning Herald

Judge David Coar in the U.S. District Court of Chicago granted PotashCorp's request to block BHP Billiton's $40 billion hostile takeover bid. The case will begin on Nov. 4, 2010.

Last week, PotashCorp. had filed a lawsuit against BHP Billiton requesting a preliminary injunction to block BHP from proceeding with its tender offer.

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