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Allied Defends Deal To Finance Acquisition Of Rigs

By Ben James (April 11, 2007, 12:00 AM EDT) -- Allied Holdings Inc. has fired back at two shareholders that filed an emergency motion opposing a $15 million financing deal which gave the bankrupt auto hauler the green light to acquire 117 rigs, arguing that the emergency motion is moot, procedurally defective and meritless....

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