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Israeli company Babylon considers going private

Controlling shareholder of online translation company weighs proposal from Reed Elsevier Ventures fund that he should consider buying shares now trading on Tel Aviv Stock Exchange. Move could result in cancellation of company's pending NASDAQ IPO.

By Oren Freund | 08:05 29.10.12 |

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Babylon, the online translation company, may do an 11th-hour about-face on its plans to become a dual-listed New York-Tel Aviv share.

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