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Brit Firm Bags $35B Pennsylvania Lottery Contract
Friday, January 18, 2013
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Gov. Tom Corbett awarded Britain's Camelot a $35 billion, 20-year Pennsylvania lottery privatization contract, subject to state attorney general approval and a court challenge.

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Commentary - When It May Be Virtually Free to Be Tax Free
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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