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BRIEF-HBOS rejects proposal from former RBS, BoS chiefs

Sat Nov 8, 2008 12:16pm EST

LONDON, Nov 8 (Reuters) - HBOS Plc HBOS.L: * HBOS says Burt, Mathewson proposals do not form basis for any further discussions * HBOS says board unanimously rejects proposal.



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