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Supermarket chain $SVU said it completed the repricing, amendment and extension of its existing $1Bil revolving credit facility based on which the credit facility rates on borrowing and letters of credit reduced by 0.25% and facility fees reduced by 0.125%. The maturity date is extended by approx. 16 months to Feb 3, 2011, the company said.
Biodefense therapeutics firm $PIP announced an all-stock merger with biotech Altimmune. The respective boards of the two companies unanimously approved the merger.
$YHOO is reporting today after market close. Nobody cares about this stock.