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* Pacific Energy Partners, a Long Beach-based oil pipeline operator, agreed to pay $455 million to Valero, a San Antonio-based transporter, for crude oil and oil product assets including terminals and a pipeline.

* Money-losing Japanese electronics maker Sanyo Electric Co. said it would reduce its global workforce nearly 15%, decrease production and pare debt under a turnaround effort.

* Symantec Corp., the world’s biggest maker of anti-virus software, said it completed its $10.2-billion acquisition of Veritas Software Corp.

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* Deutsche Lufthansa, Europe’s second-biggest airline, won European antitrust approval to buy Swiss International Air Lines Ltd. after the carriers agreed to give up as many as 164 takeoff and landing slots in eight cities, including their hubs in Frankfurt, Germany, and Zurich, Switzerland.

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