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Infogrames to Merge with Interactive Partners

Shareholders in Infogrames approved a plan to merge with its main shareholder, Interactive Partners.
Infogrames will pay 15.23 euros per share to buy out Interactive, which owns 19 percent of Infogrames capital and 30 percent of its voting rights. The move, which is aimed at simplifying the group’s shareholding structure, refocuses interest on Infogrames as a possible takeover target.

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