LONDON (GBR): Organizers of the London 2012 Olympics are close to reaching their domestic sponsorship target of 1.1 billion dollars exactly two years before the Games open. “We’ve raised well north of 600 million pounds,” Sebastian Coe, chairman of the London Organizing Committee of the Olympic Games and Paralympic Games, said in an interview. “We’re very pleased with that, as it’s in the teeth of a really difficult economic environment, and all that money is discretionary spending.”
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