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TAG and Myriad call off merger talks

Beverly Hills-based TAGEntertainment Corp has ended takeover negotiations with Myriad Pictures underwhich it planned to acquire all outstanding shares of capital stock in Myriad.Both parties said the talks were called off after neither side was able tofulfil expectations laid out prior to the negotiation process."After careful consideration, we have determined not to proceed with thetransaction to acquire Myriad Pictures," TAG chairman and chief executiveofficer Steve ...

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