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Speculation is mounting that Billabong’s two US private equity suitors have dropped their takeover offer price to as low as 80¢ a share, down from an initial proposal priced at $1.10, with the bidding team associated with Billabong executive Paul Naude tipped as a front-runner.

Billabong on Tuesday called for a trading halt in its shares while negotiations continued   …  More

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Congrats to World Tour rookie, Nat Young on his non-rookie like behavior and subsequent runner up finish at the Rip Curl Pro Bells Beach! Impressive!

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