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Tuesday, March 15, 2011

Market Talk: Corporate finance news

The following corporate finance-related stories were reported by media on Tuesday: * Privately held toy retailer Toys R Us has canceled a $1.1 billion loan deal that was intended to refinance its debt and reduce borrowing costs, Bloomberg reported on Monday. * Alisher Usmanov, the controlling shareholder in Russian iron miner Metalloinvest, has revived a pre-crisis plan to merge his firm with Norilsk Nickel and RUSAL , Kommersant reported.

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