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Wells Fargo Sticks Up For $70M Friendly's DIP Loan

By Lisa Uhlman (October 31, 2011, 9:57 PM EDT) -- Wells Fargo Capital Finance Inc. fought back Monday against Friendly Ice Cream Corp. creditors' objections to a $70 million debtor-in-possession financing package for the bankrupt restaurant chain, claiming that making any more concessions would put the finance lender's interests in jeopardy....

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