Debt repurchase ends TXU dispute
TXU Corporation, a Dallas-based energy company, has announced the repurchase of nearly $400 million in equity-linked debt securities, bringing eight months of litigation with bondholders to an end. The lawsuit, which was filed by bondholders in October 2003, claimed that a termination event had occurred voiding the obligation to purchase stock in 2004 and 2005 as outlined in the common stock
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