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BRIEF-WB II Acquisition terminates WB II letter of intent

Oct 2 (Reuters) - WB II Acquisition Corp :

* Announces termination of proposed qualifying transaction

* Says WB ii's proposed qualifying transaction with mega will not be proceeding

* Will continue to pursue and evaluate other businesses and assets to

completing a qualifying transaction

* Wb II acquisition-co, mega graphite and certain principals of mega agreed to

terminate letter of intent between them

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