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Posted AT 12:35 PM EST on 25/09/08

Bombardier ends talks on Russian stake

The Canadian Press

MONTREAL — — Bombardier Inc. has ended talks to buy a stake in Russian railway locomotive manufacturer Transmashholding, apparently because of a disagreement over the price of such a deal. Bombardier spokesman David Slack confirmed Thursday that the transportation giant is no longer in talks with Transmashholding but declined to discuss specifics of negotiations.

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