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Winn-Dixie Receives Court Approval for $800 Million Credit Facility
JACKSONVILLE, Fla. -- Winn-Dixie Stores, Inc. said Friday the U.S. Bankruptcy Court granted final approval for its $800 million debtor-in-possession credit facility from Wachovia Bank, N.A. The credit facility, which replaces the chain's previous $600 million credit line, will be used to supplement cash flow during the reorganization process.