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P&O Princess Cruises declined Carnival Corp.'s request to meet and discuss how the two cruise lines might merge without causing P&O to incur burdensome breakup fees from the termination of its agreed $7 billion deal with Royal Caribbean Cruises Ltd. London-based P&O Princess has said it can't start discussions with hostile bidder Carnival as it would breach the terms of its merger agreement with Royal Caribbean.
January 09, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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