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10.4 billion debt reduction

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    Ford offers deal to debtors to erase $10.4 billion of long term debt
    1236257880

    When General Motors and Chrysler took government loans to stay in business, the two Detroit automakers had to agree to meet a number of restructuring targets. Since Ford had enough cash and credit to sustain itself, it didn't have to comply with any of those same targets, but that isn't stopping ...

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