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OTHER NEWS - Sept. 12, 1996

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Times Staff and Wire Reports

Xerox Cancels Sale of Unit to KKR: Xerox Corp. said it canceled the $2.7-billion sale of its Talegen Holdings Inc. property and casualty insurance business to investor groups led by Wall Street buyout firm Kohlberg Kravis Roberts & Co. The companies said they “have mutually agreed to terminate the transactions.”

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