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Matson refinances in advance of spin-off
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Matson Navigation Co. has entered into a series of debt financing agreements undertaken as part of the previously announced plan to separate the transportation and land-based businesses of Alexander & Baldwin into two publicly traded companies. Subject to final approval by the Alexander & Baldwin Holdings board, companies said the separation remains on track for completion early in the third quarter of this year or as early as the end of the second quarter. Ma...
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