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Analysis: Is Highmark offer to WPAHS enough?

Source: Pittsburgh Post-Gazette

 January 22. 2013 8:00AM - Last modified: January 22. 2013 8:21AM

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It's one of the biggest debt-restructuring deals ever in the municipal markets. But is the deal that Highmark cut with West Penn Allegheny Health System's bondholders -- which reduces a chunk of WPAHS's debt by $90 million or so -- big enough?

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