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Bank analysts such as Tom Brown of bankstocks.com, a research firm, agree.
Typically, the executive committees of each firm agree to the main terms of a merger and then the entire partnerships vote at a later date.
People inside the firm said that a settlement could not be reached because Mr. Spitzer had insisted that the firm agree to spin off its research division as a separate company.
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Neither firm agreed to reimburse institutional investors.
Robert McNamara of the Institute for Justice, a libertarian law firm, agrees.
The decorator Harry Heissmann, an alumnus of Albert Hadley's firm, agreed.
The firm agreed to have the check ready.
The firm agreed to pay a settlement, Ms. Biben said.
Mr. Davison, of the financial planning firm, agreed.
The private equity firm agreed, and two days later began looking at the company's books.
The firm agreed to invest in the project with San Lorenzo Ruiz as a minority shareholder.
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