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London dishes out surplus money

Updated: May 30, 2013, 9:35 AM ET
Associated Press

LONDON -- London Olympic organizers say a surplus of $45 million from the 2012 Games will be handed out to the government, Britain's Olympic committee and others.

The British Olympic Association will receive $8 million, and another $4 million will go to the British Paralympic Association.

About $30 million will be returned to the government, which provided most of the funding for the $14 billion Olympic project.

Cash will go to international development projects that were ...

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