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Molycorp Creditors Said Poised to Engage Blackstone, Weiss

A group of Molycorp Inc.’s junior bondholders led by Apollo Global Management LLC is close to hiring Blackstone Group LP and law firm Paul Weiss Rifkind Wharton & Garrison LLP to advise them on restructuring talks with the rare-earths miner, according to two people with knowledge of the matter.