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Thursday, March 17, 2011

Market Talk: Corporate finance news

The following corporate finance-related stories were reported by media on Thursday: * Heritage Oil has rejected an informal 1.2 billion pound ($1.93 billion) takeover bid from a Middle Eastern company, the Financial Times reported. * Security software company Websense Inc is exploring selling itself and has hired Frank Quattrone's Qatalyst Partners to help with the process, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

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