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SYDNEY -(Dow Jones)- The directors of Macarthur Coal Ltd. (MCC.AU) on Tuesday urged shareholders to take a sweetened A$ 4.83 billion takeover bid from Peabody Energy Corp. (BTU) and ArcelorMittal SA (MT). The pair have elevated their offer you to A$ 16.00 for every Macarthur share from their prior supply of A$ 15.50 a share, Macarthur explained. Copyright &duplicate 2011 Dow Jones Newswires

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