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Resource ID: #7307
Subject: Utilities
Source: Corporate Finance Magazine
Date: 1990-12-01



Corporate Finance Magazine takes an inside look at a controversial, twice-bankrupt energy producer and his attempts to refinance millions in remaining bank debt; even though his oil company is a coveted asset, investors won't touch it unless he relinquishes control, and he won't agree to step down; meanwhile, banks are going to elaborate lengths to finance the deal.

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