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Old 04-26-2012, 09:31 PM   #1
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Post Argentine Senate, house committee back YPF takeover

BUENOS AIRES (Reuters) - Argentina stepped toward nationalizing its biggest oil company on Thursday when the government's expropriation bill sailed through the Senate and then a lower house committee, setting the stage for final legislative approval next week. The rapid-fire votes by the full Senate and a joint committee of the Chamber of Deputies underscored broad domestic support for a proposal that has infuriated foreign investors. ...

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