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BRIEFLY

December 22, 1987

Angeles Corp. and Imperial Bank, the principal subsidiary of Imperial Bancorp, said negotiations for a jointly owned financial-management company have been discontinued . . . Daily shipping rates of domestic steel rose 1% in November over October levels, according to the Steel Service Center Institute . . . General Motors said it sold a record number of Opels and Vauxhalls in Europe in 1987, though its European market share fell slightly to 10.7% . . . Wang Laboratories will employ about 100 workers at a new parts distribution and service center in Torrance.

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