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Betfair, Paddy Power Reach Agreement on 6 billion Pound Tie-Up

Betfair, Paddy Power Reach Agreement on 6 billion Pound Tie-Up

Betfair (BETF.L) and Irish rival Paddy Power (PLSA.I) have reached agreement on a 6 billion pound combination, first set out last month and designed to secure leadership of Britain's competitive online gambling market.

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