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LSE, Maple raise bids for TMX; showdown brews

A Canadian consortium of banks and pension funds said late on Wednesday it raised its hostile bid to buy the operator of the Toronto Stock Exchange, just hours after the London Stock Exchange sweetened its friendly bid to some $4.1 billion.
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Brixton riots, 1981

Britain: Thirty Years After The Race Riot Summer

Thirty years ago this July, the streets of urban Britain exploded with violence. While the UK had seen riots and street demonstrations throughout its long and tumultuous history, the disturbances of 1981 represented something new – for they largely involved the frustrations and anger of Britain’s large immigrant populations.
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TMX gets sweetened bid from LSE, rejects Maple

The London Stock Exchange has sweetened its friendly offer for the TMX Group with an enhanced dividend, bringing the value to $4.1 billion for the operator of the Toronto Stock Exchange.
Zurich American Refuse to Pay Sony PSN Hack Damages

LulzSec denies arrest of its 'glorious leader'

After the arrest of a 19-year-old in connection with the Sony hack, LulzSec came up with yet another tweet ridiculing desperate police efforts to close in on the group. Immediately after the arrest, there had been media reports claiming that the arrested teenager was actually the leader of the hacking group.
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Nokia N9 MeeGo Smartphone is ‘pointless’

Nokia Chief Executive Stephen Elop spelled confusion over the N9 smartphone, which uses MeeGo platform, as he said the company would launch its first smartphone using Microsoft's Windows platform later this year.

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