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Newell program gives racehorses a second chance

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RAPID CITY (AP) — Dale Simanton had worked with horses all his life, but when the recession hit his thoroughbred-breeding business he had to find a new way to stay in the industry he loved.

He traded one of his yearlings for an old, gray racehorse named "Wicked Walt" — and transformed him into a ranch horse, which spurred a new business for Simanton: rehabilitating thoroughbreds.

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