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Tuesday, April 19, 2011

Ontario panel makes 9 TMX/LSE recommendations, (LSE), (TSE: X)

A committee of Ontario legislators on Tuesday said they were making nine recommendations on the London Stock Exchange's (LSE.L) C$3 billion bid for its Canadian counterpart, centering on regulators, structure, jobs, decision-making and the mining sector. The much-awaited report to the provincial legislature, however, made no recommendation on whether the deal to acquire TMX Group (X.TO), owner of the Toronto Stock Exchange, should go ahead.

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