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|Telefonica closes down Terra|
Merges back with to its parent company
| 10:38 am on Jul 16, 2005 (gmt 0)|
They've been talking about it for a year or so now - and I see in my paper that Telefonica is closing down Terra, SA and merging it back into it's main business.
Terra shareholders get 1 Telefonica de Espaņa SA share for each 4.5 Terra shares.
In Spanish: [telefonica.es...]
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