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UPDATE 4-Actavis to buy Warner Chilcott in $5 billion stock deal

May 20 - Generic drugmaker Actavis Inc, itself a recent takeover target, said on Monday it would buy specialty pharmaceutical company Warner Chilcott Plc for $5 billion in stock to expand its branded drug portfolio, lower taxes and increase profits.

UPDATE 2-Blackstone, Pactera insiders make $680 mln offer

* Consortium proposes to take company private for $7.50 per share

Online takeout companies GrubHub and Seamless to merge

SAN FRANCISCO, May 20 - Two of the nation's biggest online food delivery businesses said they are merging in a deal that they hope will drive more orders, in more cities, through their platforms.

UPDATE 1-Spain's El Corte Ingles in 5 bln euro debt restructuring

MADRID, May 20 - Spanish department store El Corte Ingles, the country's largest privately held company, said on Monday it had started talks to restructure debt totalling 5 billion euros ($6.43 billion).

Morgan Stanley sued in 'pay-to-play' retirement plan case

* Bank accused of steering 401(k) business to win extra fees

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Pressure builds on officials to take heat for IRS scandal

WASHINGTON - Pressure was building on Monday for the Obama administration to fire more people linked to the Internal Revenue Service's extra scrutiny of conservative groups, possibly including another top IRS official.

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