SunEdison plunges on report of plans to file for bankruptcy
Renewable-energy firm is said to be in talks with two creditor groups for a loan to tide it over during the process
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New York
INVESTORS had a swift and emphatic response to a report on Friday that SunEdison Inc was preparing to file for bankruptcy protection: sell.
The Wall Street Journal reported after US markets closed on Friday that SunEdison, the world's largest renewable-energy company, is in talks with two creditor groups for a loan to tide it over during the process. The newspaper cited unidentified people familiar with the matter.
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