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(From The Moscow Times)
Monday came and went without word from either Yukos or Sibneft on the fate of their stalled merger, leading analysts to conclude that a deal to create the world's No. 4 oil producer is now dead.
"There is no return from the current situation," said Steven Dashevsky, head of research at the Aton brokerage. "There are no longer grounds to forge a partnership."
Sibneft shocked the market Friday by pulling out of what would have been a historic $35 billion tie-up just minutes before the two companies were to hold their first joint board meeting to enshrine the new company's charter and approve its new name, YukosSibneft.