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KPN (KKPNY.PK) rebuffs America Movil's (AMX) offer to raise its stake in the Dutch telecom,...

KPN (KKPNY.PK) rebuffs America Movil's (AMX) offer to raise its stake in the Dutch telecom, saying the €8/share bid substantially undervalues the company. KPN's pink sheets closed +16.5% yesterday; AMX closed -9.6%. (previously)
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