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BP agrees to suspend dividend payments, create compensation fund and cut spending

Posted on June 18, 2010 by bp complaints

US Coast Guard Cutter Marlin Operations
bp oil spill 2010
Image by Deepwater Horizon Response

BP agrees to suspend dividend payments, create compensation fund and cut spending
BP PLC says it will suspend its dividend for the rest of this year and set up a billion fund to assure victims of the Gulf oil spill that they will be compensated for their losses.
Read more on Baltimore Sun

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