Kabel New Media to remain independent

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Kabel New Media, Hamburg, said it has stopped merger negotiations with Icon Medialab International, Stockholm. Kabel, which has been in talks for three weeks concerning an acquisition by Icon Medialab, led by a group of private investors, said it would remain independent. Kabel's clients include BMW AG, ATP Tour, Dresdner Bank and others.

Copyright January 1999, Crain Communications Inc.

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