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* AMC Entertainment Inc. and Onex Corp.’s Loews Cineplex Entertainment Corp. said they have ended merger talks without an agreement.
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* Beverly Hills real estate investment fund Kennedy Wilson Inc. said it agreed to buy almost 1.3 million shares -- 15% of the company’s stock -- from an unidentified former employee for $12.5 million or $9.84 a share, about a 55% premium over Thursday’s closing price. The transaction ends the former employee’s consulting agreement with the company.
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* The Pacific Exchange received approval from members to become the third U.S. options exchange to convert to a for-profit, shareholder-owned company.
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