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The Boston Globe

Business

Deal would reduce sentence for Enron’s Skilling

HOUSTON — Convicted former Enron Corp. CEO Jeffrey Skilling’s more than 24-year prison sentence for his role in the once mighty energy giant’s collapse could be reduced by as many as 10 years if a federal judge approves an agreement reached Wednesday between prosecutors and defense attorneys.

Under the agreement, which Justice Department officials say includes a previous court-ordered reduction of as much as nine years, Skilling’s original sentence would be reduced to between 14 and 17.5 years.

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