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Stagecoach Ditches Merger Plans After UK Seeks Review

By Megan Leonhardt (July 10, 2012, 1:42 PM EDT) -- Stagecoach Group PLC on Tuesday called off its £2.8 million ($4.3 million) acquisition of rival bus company FirstGroup PLC's business in the South of England, following the U.K. Office of Fair Trading's decision to refer the merger to the Competition Commission....

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