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Snap news

The latest on Wednesday,

- IBM in talks to buy Sun Microsystems – WSJ.

- Old Mutual to close Old Mutual Bermuda to new business — statement.

- SIG Plc to raise £341.3m in rights issue — statement.

- Queen’s Walk Investment posts €20.6m net loss for 2008 — statement.

- BG Group’s takeover offer for Pure Energy scheduled to close March 23 — statement.

- Corporate: ThorntonsSIG, Prostrakan, French Connection, Chemring, Blacks Leisure.

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