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Baker Communications said it agreed to buy...

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Baker Communications said it agreed to buy from Citicorp Venture Ltd. and certain individuals the 20% of the Palos Verdes Peninsula News that Baker does not already own . . . Circle K Corp. said it completed the acquisition of 473 7-Eleven stores and some related assets in 10 states from Southland Corp. for about $147.5 million in cash, plus an additional amount for store inventories.

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