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Elliott Drops Objection To Lehman $625M Aurora Deal

By Leigh Kamping-Carder (August 5, 2009, 3:58 PM EDT) -- Elliott Management Corp. has dropped its objection to Lehman Brothers Holdings Inc.'s move to provide an additional $625 million in financing to its subsidiary Aurora Bank FSB, now that the bankrupt investment house has provided further information on the risks, benefits and terms of the deal....

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