USG Corp. said it has received commitments...
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USG Corp. said it has received commitments to finance a $2.2-billion recapitalization plan designed to thwart a hostile takeover bid from Desert Partners. Under its recapitalization plan, New York-based USG would borrow $2.2 billion to pay its shareholders $37 in cash, debentures with a face value of $5 and a share of stock in the recapitalized company for each common share.
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