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International Paper Co. of Purchase, N.Y., said...

From Times staff and Wire reports

International Paper Co. of Purchase, N.Y., said it will acquire Cookson Graphics, a division of Britain’s Cookson Group PLC for $215 million . . . Standard & Poor’s Corp. lowered its ratings on about $1.7 billion in debt issued by Orlando, Fla.-based Harcourt Brace Jovanovich Inc.

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