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Dec 7, 2017 - Australian Financial Review

Slater & Gordon

Slater & Gordon shares rallied 13 per cent to 5 cents a share after shareholders voted in favour of the embattled law firm's recapitalisation plan. Almost 70 per cent of votes at the firm's annual general meeting in Melbourne on Wednesday backed the plan which will see hedge funds led by New York-based Anchorage Capital assume control in a debt-for-equity deal. Chairman John Skippen said recapitalisation was "essential for Slater and Gordon to avoid insolvency" and the only

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