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Small cap broker Arden Partners has announced that discussions on combining its business with rivals Cenkos have now ceased. The group remains in talks with 'other interested parties'.
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No reason was given for the apparent breakdown, although mergers between people-intensive businesses like stock brokers are often difficult to execute (see 'Small cap broker consolidation kicks off')
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-IC-1.5.4a-prod - 31/10/2008 13:11:34 - carlos.princz
