UPDATE 1-Alcoa CEO says would hate to raise bid for Alcan

(Reuters) - "At the moment, we think this is a full price," he said,
speaking on the sidelines of a JP Morgan conference in New
York. "I'd hate to have to go higher than that at this point."




Alcan has rejected Alcoa's offer, saying the price is too
low.


Read more at Reuters.com Mergers News