BRIEF-Australian Government Takeovers Panel declines proceedings on application regarding Lantern Hotel

March 18 (Reuters) - Australian Government Takeovers Panel:

* Tov - panel declines to conduct proceedings LTN.AX

* Australian government takeovers panel-declines to conduct proceedings on

application from totem holdings in relation to affairs of Lantern Hotel Group

* Australian government takeovers panel-panel considered that the buy-back

offer was unlikely to result in unacceptable circumstances

* Source : Href="Link">http://r.reuters.com/get67v

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