Read more Rio Tinto Group stories on Newserhttp://www.newser.com/taggrid/22289/rio-tinto-group.htmlhttp://img1-cdn.newser.com/images/newser-black250x40.gifhttp://www.newser.com/2012 - Newseren-usNewser Feed GeneratorThu, 24 May 2012 17:41:32 CDThttp://www.newser.com/story/18316/rio-tinto-rejects-147b-bhp-bid.htmlSam Gale Rosen<img src='http://img1-cdn.newser.com/getimage.aspx?mediaid=71316&width=45&height=45&crop=Y&updateddate=20110401022234' border='0' />Rio Tinto today rejected a $147.4B bid from rival mining giant BHP Billiton, the Wall Street Journal reports. Although the bid would have been one of the largest takeovers ever, Rio is holding out for a sweeter deal. "BHP Billiton's offers, while improved, still fail to recognize the underlying...In this photo released by BHP Billiton, a worker at the BHP Billiton Copper mine at Escondida, Chile in this undated photo. BHP Billiton has raised its bid for mining rivals Rio Tinto Group. (AP Photo/BHP Billiton, HO)http://www.newser.com/story/18316/rio-tinto-rejects-147b-bhp-bid.htmlWed, 06 Feb 2008 11:24:54 CST