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Judge denies electric co-ops liquidation

By The Associated Press

Picked up by newspapers across the country

BILLINGS, Mont. (AP) — A bankruptcy judge has denied requests by creditors to liquidate the assets of Southern Montana Electric Generation and Transmission Cooperative.

U.S. Bankruptcy Judge Ralph Kirscher ruled Wednesday that the trustee for the wholesale power supplier has shown "a likelihood" of proposing a reorganization plan, The Billings Gazette reported Friday (http://bit.ly/11RDrzq).

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