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S&P: VeraSun unaffected
Standard & Poor's said the merger with U.S. BioEnergy Corp. (unrated) will not immediately impact VeraSun Energy Corp.'s (B+/stable) credit quality.
In the deal effective April 1, every share of U.S. BioEnergy common stock was converted to 0.81 shares of VeraSun common stock, equal to a premium of about 11% as reported by VeraSun.
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