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Friday, March 18, 2011

Takeover Chatter - Corporate Finance Report

The following corporate finance-related stories were reported by media on Friday: * Australian coal-to-retail conglomerate Wesfarmers is considering selling its Premier Coal mine in Western Australia after a nearby mine was sold at a price well above expectations, the Australian newspaper said on Friday. * Nasdaq OMX Group Inc's plans to launch a rival bid for NYSE Euronext faces hurdles as differences with potential partner IntercontinentalExchange Inc persist, the Wall Street Journal reported on its website on Thursday.

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