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The Guardian - UK
The Guardian - UK
Technology
Jack Schofield

Apple's Universal buy looks less likely....

Marvin Davis, the billionaire oilman who has offered $15 billion for Vivendi Universal Entertainment, is unlikely to buy it if the Universal music division is sold off separately, according to Reuters. Also, the prospective takeover sent Apple shares down more than 8% to $13.20 as the stock market imagined the impact on Apple's cash pile.

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