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* Travelers Group Inc. and Citicorp said their shareholders approved their planned $70-billion merger by votes of 94% and 98.1%, respectively. The companies said they expect Federal Reserve approval of the deal, which would create the world’s largest financial services company, within three weeks.

* Scandinavian Airlines System ordered 13 new 737-600 aircraft, worth about $400 million, from Boeing Co. to expand its fleet for European travel. The aircraft will be delivered beginning in September and continue until mid-2002.

* Burlington Industries Inc. plans to build four plants in Mexico to make jeans, coats and other apparel as the third-largest U.S. fabric maker competes with low-priced apparel made in Asia. Burlington will spend about $80 million over three years to build the plants, which should employ about 2,000 people. Separately, Burlington said its board authorized the repurchase of up to 2.5 million of its 61.7 million shares over the next 12 months.

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* Russell Corp., maker of athletic apparel and other sportswear, said it will close about a quarter of its facilities and fire about 4,000, or 22%, of its employees to cut costs and restructure its business amid tough competition. The company will take a charge of $125 million, or $3.44 a share, in the third quarter as a result. Russell also said its second-quarter net income fell 19% to $6.56 million, or 18 cents a diluted share, 3 cents higher than estimates, as sales edged up 0.5% to $271.8 million.

* Pfizer Inc., the second-largest U.S. drug maker, agreed to sell its American Medical Systems unit for $130 million to E.M. Warburg, Pincus & Co. as part of its plan to divest all of its medical technology businesses.

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