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Nov 14, 2008

WMATA and Belgian Bank Reach Settlement

WMATA has reached a settlement agreement with Belgian KBC Group over after nearly three full days of court appearances and negotiations. There’s no details available on the terms of the settlement, however, because the parties agreed to keep them secret. For their part, Metro is touting the agreement as having been a victory for them. “Taxpayers have been saved tens of millions of dollars, and Metro no longer faces the immediate threat of cuts to…

 
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