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Wisconsin Energy to Sell Off Non-Core Businesses to Reduce Debt.

By Thomas Content, Milwaukee Journal Sentinel Knight Ridder/Tribune Business News

Oct. 24--Wisconsin Energy Corp. is committed to reducing its debt by selling off non-core businesses, company executives said Thursday as they responded to credit-rating agency decisions to lower their ratings on the Milwaukee utility holding company.

The company has divested almost $100 million in assets this year, toward a goal of divesting $400 million by 2008, company executives said.

"These asset sales are consistent with our plan to divest our non-core ho

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