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Markit removes American Airlines and Blockbuster from LCDX indexes
By Sara Rosenberg
New York, Nov. 23 - Markit removed American Airlines Inc. and Blockbuster Inc. from the LCDX series 8, 9, 10 and 12 indexes, according to a news release.
American Airlines and Blockbuster were removed from the syndicated secured list on Oct. 8, and, as a result, the 30 business day window expired at the close of business on Nov. 23.
Cash settlement will occur on Dec. 8.
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