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Aussie Watchdog Appeals $8.6B Betting Merger's Approval

By Michael Macagnone (July 11, 2017, 4:05 PM EDT) -- Australia's top competition authority pushed a court to examine the approval of gambling company Tabcorp Holdings Ltd.'s bid to buy its rival Tatts Group Ltd. for AU$11.3 billion ($8.6 billion) on Monday, saying a tribunal misread the law in greenlighting the deal....

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