Uh oh! Cancel the reception. Dutch information and media company VNU said on Monday it is in wide-ranging talks with U.S. pharmaceutical research company IMS Health that could terminate their $7 billion merger deal which was originally announced in July.
Could a nasty row be brewing over the wedding costs? IMS is asking VNU for a payment of tens of millions of dollars to cover expenses incurred arranging the acquisition and damage to the company's reputation for backing out of the deal. But VNU dont see that as being necessary!
Anybody need a nearly new ring?
Source: Reuters
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