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Accounting > Extinguishment of Debt

The following information is about Extinguishment of Debt.

Extinguishment of Debt Defined

To get rid of the liability by payment; to bring to an end.

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Sealy Corporation Reports Second Quarter Fiscal 2009 Results

Published June 30, 2009, 1:01 pm, PR Newswire via Yahoo! Finance

Sealy Corporation , the bedding industry's largest global manufacturer, today announced results for its second quarter of fiscal 2009.

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Novelis Reports Results for Fourth Quarter and Fiscal Year 2009

Published June 29, 2009, 4:12 am, PR Newswire via Yahoo! Finance

Pre-tax income of $67 million for the fourth quarter of fiscal year 2009.

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