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    CAZENOVE TO BE TAKEN OVER BY JP MORGAN
    November 19, 2009 - United Kingdom

    JP Morgan annouces that it will buy Cazenove, its UK joint venture partner, for around 1 billion pounds ($1.67 billion). The two firms have been operated their joint venture since 2004 and say that the investment banking business will be continuing under the JP Morgan Cazenove brand, with most of the company's senior executives continuing in their roles. The deal values the combined joint venture at around 2 billion pounds. Cazenove (which is the Queen's stockbroker) isn't listed, but has around 1,500 shareholders, who are mostly current or former employees. Casenove is a 190 year-old company.

    CONFEDERATION BRIDGE
    November 19, 1996 - Northumberland Strait, Canada

    The last component of the Confederation Bridge was placed, crossing the Northumberland Strait, Canada. The piers are 250 metres apart and offer a ship's clearance of 172 metres in width. The 12.9 km Confederation Bridge joins Borden-Carleton, Prince Edward Island and Cape Jourimain, New-Brunswick and is the longest bridge over ice covered waters in the world. The bridge construction began in Oct 1993, and was opened on 31 May 1997. It carries two lanes of traffic 24 hours a day, seven days a week and takes approximately 10 minutes to cross at normal travelling speeds. The bridge was built curved so that drivers could see the traffic in front of them, a design chosen to reduce accidents.

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The rumors carried way more hype about the Yahoo MSN merger than the actual deal. Since a long time it was always too close to the final step, but now when it is finally happening, all the baubles of gossip just vanished!!!

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The rumors carried way more hype about the Yahoo MSN merger than the actual deal. Since a long time it was always too close to the final step, but now when it is finally happening, all the baubles of gossip just vanished!!! Pooof! Yahoo now finally must take significant steps to improve on it?s content to stay in the league. Also it can use some help to look good on Google as probably it is where now Yahoo would be searched more!

We were always wishing that somehow, through some sort of miracle, Yahoo could pull it through. Yahoo has done great until recently. It has been pretty good with information and has always got something good for the people using it for search purposes. But since last year when they started making drastic changes in their algorithms, it has seriously gone down from the favorites list of many. But with the two- i.e. Yahoo and MSN combining, they seriously need to look into the MSN/Bing algorithm. They might be able to earn bucks from their display media, but they cannot count for long on searchers if they do not do anything about the algorithm problem. They would only lose significant searchers to the already more popular Google.

There is a strong possibility that with the merger there might finally be someone who could challenge the monopoly of Google. But there are also views on the contrary. With Google grabbing the market share, Yahoo was pushed away to the number two and MSN was lingering somewhere on a number three. The merger now limits the number of major search engines to two. This might be good for some and not so good for others. For a consumer it might not be such a great news as now they are restricted to only two search engines. Where earlier one had a possibility to find relevant search results at three places, now they would have only two. Nonetheless a great news for capitalists! On the brighter side, the number three slot is now vacant for a potential competitor. Seeing that one fill could be a stimulating experience.

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    How all this happens and what it repercussions are, is yet to be seen. For now we can only pray for an ailing Yahoo to get well soon!!! For more information about us, visit our site.

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