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Rex Energy Deal Converts $43.5M of Debt into Stock Ownership | Marcellus Drilling News
Today's lead story on MDN is about Atlas Resource Partners' plan to file a pre-packaged bankruptcy turning some $900 million of debt into ownership equity (see Atlas Resource Partners Filing for Bankruptcy Tomorrow). Another Marcellus/Utica company is doing something similar, but without filing for bankruptcy. In April MDN told you about Rex Energy's plan to