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Lenders loosening purse strings on bankruptcy financing, Lear secures money ahead of possible filing
Posted by on Jun 30th, 2009Lenders are freeing up more money to finance companies through bankruptcy, according to Bank of America Merrill Lynch — reversing a market freeze over the past few months that saw several businesses liquidate because no one would fund them.
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Lenders loosening purse strings on bankruptcy financing, Lear secures money ahead of possible filing