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Today’s Business News

The Philadelphia Inquirer (July 29, 2014)
Fred Groser, former publisher of Newsday Media Group in Melville, N.Y., has been hired as senior vice president of sales for the parent company of The Inquirer, the Philadelphia Daily News, and Philly.com., effective Sept. 2, owner H.F. "Gerry" Lenfest said Monday.
USA TODAY (July 29, 2014)
Dollar Tree is buying competitor Family Dollar in a cash-and-stock deal worth about $8.5 billion. The boards of both companies unanimously approved the merger, which was announced Monday. The transaction is valued at $74.50 per share, a nearly 23% premium over Family Dollar's closing price Friday. Family Dollar shareholders will receive $59.60 in cash and $14.90 in equivalent Dollar Tree shares.
The New York Times (July 29, 2014)
An international court has awarded the shareholders of the now-defunct Yukos oil company more than $50 billion, ruling that the Russian government wrongly seized the company from one of the country's most powerful oligarchs. The award by a tribunal in The Hague -- the largest ever in international arbitration -- is the latest chapter in a dispute that began in 2003 when Russian authorities arrested Yukos's chairman, Mikhail B. Khodorkovsky, and sold off his company over the next several...
Last Updated: 2014-07-29 @10:30

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National Merit Scholarship Corporation has utilized Corporate Affiliations through LexisNexis for several years. It is an invaluable tool that helps us maintain up to date information about our clients and prospective clients. The information Corporate Affiliations provides is well organized, quick to reference, and is easy to access and utilize, as we service our clients and seek to establish new corporate relationships. It serves as an excellent one-stop-shop for thorough and detailed information that would otherwise be difficult and time-consuming to obtain.”

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CorporateAffiliations.com’s overall data reliability is excellent, including the financials section at the parent level. What we find most helpful in Corporate Affiliations are the hierarchies. Hoovers, one of the other resources we use, provides deceiving hierarchies, while Corporate Affiliations’s hierarchies are far more reliable and often check out to be accurate.”

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