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| Borders explores sale, suspends dividend |
| Borders said its largest shareholder, Pershing Square Capital Management, agreed to loan it $42.5 million, and will receive options to buy a 19.99 percent stake in the company at $7 a share. |
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Energy Recovery Registers for IPO (AP)
Energy Recovery Inc., which develops devices used to make water desalination more efficient, plans an initial public offering of common stock, according to a Securities and Exchange Commission filing on Tuesday.
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CHURCHILL DOWNS INC (form 8-A12B)
CHURCHILL DOWNS INC Files SEC form 8-A12B, Securities Registration (section 12(b))