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The board of Dutch bank ABN Amro said it would not take sides in competing bids to acquire the bank.
The board of Dutch bank ABN Amro said it would not take sides in competing bids to acquire the bank. The board noted that the bid from Britain’s Barclays is a better fit for ABN, but that the $97 billion bid by Royal Bank of Scotland and two other banks, while riskier, “is clearly superior for the ABN Amro shareholders from a financial point of view.” (AP in BusinessWeek.com)
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