But in January, an Austro-Dutch consortium pulled out of a deal to buy a steel mill in Katowice, near the Slovak border.

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It backed out of a plan to buy networking-gear maker 3Com in 2007 when the deal faced opposition form a U.S. security panel.

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According to a senior administration official, Obama continues to oppose a Republican call for extending the Bush-era tax cuts for everyone to buy time for working out a broader deficit reduction deal that would include overall tax reform.

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This is what the audio-manufacturing firm claims it just heard from would-be buyers KKR and Goldman Sachs when they backed out a deal Friday to buy the firm.

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The chemical company argues that Apollo persuaded Huntsman to drop out of a June 2007 takeover deal with the Holland-based Basell by falsely indicating it would buy Huntsman at a better price, when in fact Apollo was acting out a broader plan to mar the transaction process so badly that it would compel Huntsman to come to Hexicon at a lower price.

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