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Rocket Fuel Inc Entered 2nd Amendment To Credit Pact On 10/31 To permit Disposal of Stake In Unit

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BZ NOTE: 
From 8-K

  • "The amendment permits the Company to dispose of its interests in its subsidiary Wireless Developer, Inc. and waives the Company’s requirements to cause this subsidiary to provide a secured guaranty of the Company’s obligations under the Credit Agreement. In addition, the amendment amends the minimum EBITDA covenant and the limitation on capital expenditure covenant. The amendments described above are effective as of September 30, 2014."

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