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Feb. 4, 2003
Peregrine Files Chapter 11 Proposal for Reorganization
By Toni Vranjes Four months after seeking Chapter 11 bankruptcy protection, San Diego software company Peregrine Systems Inc. has filed a plan for reorganization.
The proposal calls for full repayment of most creditors. Under the plan, current shareholders would retain at least 90 percent of the common stock of the reorganized company, while up to 10 percent of the common stock would be available to settle shareh...
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