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March 21, 2003

* Dreyer's Grand Ice Cream Inc. said its shareholders approved an agreement in which Nestle would become the company's majority owner. The transaction remains subject to Federal Trade Commission approval.

* Global Crossing Ltd. said the U.S. government's review of its plan to sell a majority stake to two Asian firms would extend beyond March 31, and it asked for more time to file a reorganization plan.

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