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K-V Creditors Say Alternative Plan Is In The Works

By Maria Chutchian ( April 16, 2013, 4:08 PM EDT) -- Creditors of bankrupt K-V Pharmaceutical Co. on Tuesday told a New York bankruptcy judge that they were ready to propose an alternative Chapter 11 plan that would fully repay senior noteholders in cash and would provide significant recovery to general unsecured creditors....

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