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Barclays lands capital-boosting BlackRock deal

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06-12-2009, 08:20 AM

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Barclays lands capital-boosting BlackRock deal

LONDON/BOSTON (Reuters) - BlackRock has agreed to buy Barclays Global Investors to create the world's biggest asset manager, in a $13.5 billion deal that British bank Barclays hopes will put to rest concerns about its capital.

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