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November 24th, 2008

Mondays company news summary (Investors Chornicle)

Hedge fund manager Man Group has agreed to acquire a 50 per cent satke in USbased credit specialist fund mangaer Ore Hill. Friends Provident has rejected a 3.5bn cash offer from US private equity group JC Flowers, saying that the proposal isgnificantly undervalues the inusrer. Read more

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