October 03, 2013 at 23:21 PM EDT
UPDATE 1-Stockton, Calif. city council backs plan to exit bankruptcy
STOCKTON, Calif., Oct 3 (Reuters) - Stockton, California's city council approved a plan on Thursday for the city to adjust its debt to exit from bankruptcy after reaching a deal with bond insurer Assured Guaranty to restructure more than $150 million of outstanding debt.
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