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Stock Market & Financial Investment News

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December 31, 2012
10:42 EDTLNETCorrection: LodgeNet may file for Chapter 11, has not yet filed
This note corrects a previous one that stated that LodgeNet shares fell after the company filed for bankruptcy. LodgeNet and the Colony Syndicate have agreed to implement a refinancing transaction via an expedited Chapter 11 proceeding which would commence once the requisite consents of its lenders have been obtained, the company stated in a press release earlier.
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