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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.
By Andrew Ross Sorkin and Michael J. de la Merced / The Bulletin
July 5, 2008
Merrill Lynch is in negotiations to sell its 20 percent stake in Bloomberg LP, the financial data and news company founded by Michael Bloomberg, as the firm seeks to raise still more capital, people involved in the talks said Friday.
The discussions remained in the early stages, and the talks....