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March 17, 2010

OFT clears Lebedev takeover of Independent

By admin

The Office of Fair Trading has cleared the likely takeover of the Independent and Independent on Sunday by the Russian billionaire, and owner of the London Evening Standard, Alexander Lebedev.

The OFT issued a mergers update this afternoon:

The Guardian yesterday did a quick round-up of some of the speculation surrounding when a deal could be announced and highlighted some of the dead-end predictions that have already come and gone.

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