TCF files appeal to block debit-card rulesTCF National Bank has asked a U.S. appeals court for an order that would block federal regulations capping the amount of money the biggest U.S. banks can charge retailers for processing debit-card transactions. The bank, a unit of Wayzata-based TCF Financial Corp. that sued Federal Reserve Chairman Ben Bernanke, is challenging U.S. District Judge Lawrence Piersol's April 4 decision denying its request to halt implementation of the rule. Matt Miller, a Justice Department spokesman, didn't immediately return a call seeking comment.
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Virtual Radiologic seeks loan to pay ownerVirtual Radiologic Corp. is seeking $405.5 million of debt to in part pay a dividend to private equity owner Providence Equity Partners, according to a person with knowledge of the deal. The Eden Prairie provider of radiology services is seeking a $40 million revolving line of credit and a $255.5 million term loan, said the person, who declined to be identified because the terms are private. A $110 million piece of mezzanine debt has already been raised, the person said. Providence completed the acquisition of Virtual Radiologic in July 2010.
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