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VeraSun shares halve

This article was originally published in The Public Ledger

SHARES of VeraSun Energy fell 54% onWednesday after Debtwire, which is owned by the FT Group, reported the ethanol maker is looking into Chapter 11 bankruptcy protection. It cited two unnamed sources saying that the firm found debtor-in-possession financing fromAbleco "as its imminent Chapter 11 filing gains momentum". VeraSun has not spoken officially on the report.



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