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Wednesday, June 8, 2011

Market Corporate Finance Digest

The following corporate finance-related stories were reported on Wednesday: * Chilean airline LAN now expects its takeover of Brazilian airline TAM to be finalized by next March, depending on the resolution of regulatory issues, LAN's chief executive said in a newspaper interview. * Nippon Steel Corp and Sumitomo Metal Industries Ltd will seek to combine under a new legal framework designed to make merger screenings faster and more transparent, the Nikkei business daily reported.

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