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EU Grounds Ryanair's €694M Bid For Aer Lingus

By Scott Flaherty (February 27, 2013, 1:29 PM EST) -- European Union antitrust regulators have blocked budget airline Ryanair Holdings PLC's proposed €694 million ($907 million) acquisition of Aer Lingus Group PLC, saying Wednesday that the deal would have reduced competition on dozens of air routes and raised prices for consumers....

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