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Deals of the day-Mergers and acquisitions

2015-09-29 12:47:11| Footwear - Topix.net

** Japan Tobacco Inc is in the final stages of talks to buy Reynolds American Inc's Sante Fe Natural Tobacco unit for about $5 billion, aiming to reach an agreement this week, the Nikkei business daily reported. ** Yahoo Inc said it would proceed with the planned spinoff of its stake in Alibaba Group Holding Ltd even though the IRS has declined to rule on whether the transaction would be tax free.

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