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Clint Murchison Jr., the former oilman and...

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Clint Murchison Jr., the former oilman and owner of the Dallas Cowboys whose wealth just two years ago was estimated at $350 million, is expected to emerge from bankruptcy next week with his assets reduced to $2 million to $3 million.

A hearing on a reorganization plan for Murchison and a family holding company, Corland Corp., is scheduled Monday before U.S. Bankruptcy Judge Harold Abramson.

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