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CORRECTED-BRIEF-Jindal Steel & Power to buy CIC Energy

Mon Jul 23, 2012 10:02pm EDT

(Corrects headline to show Jindal is buying CIC Energy)

July 23 (Reuters) - CIC Energy Corp : * Announces all-cash offer from jindal steel & power for CDN$2.00 per share * Says deal valued at C$116 million * Says board recommends acceptance of the merger by CIC Energy shareholders
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