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* Provident Financial Group Inc., almost half owned by financier Carl Lindner’s family, said it overstated profit by $70 million in the last six years because of improper accounting of automobile lease transactions.
* Taubman Centers Inc.’s board rejected rival mall company Simon Property Group Inc.’s latest offer to structure a takeover that would minimize taxes for the company’s founding family.
* ImClone Systems Inc. said it received a $60-million payment from Bristol-Myers Squibb Co. as part of an agreement on the development and marketing of the cancer treatment Erbitux.
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