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It is the stop of the road for Bed Tub & Beyond Inc., a corporation that was as soon as a shining star of U.S. retail.
The troubled household-products retailer BBBY submitted for chapter 11 on Sunday, following paying numerous months teetering on the brink of personal bankruptcy. The firm reported it aims to reach an orderly wind down of its operations, although also in search of to come across an intrigued buyer for some or all of its property. It has $240 million of debtor-in-possession financing to supply the liquidity needed to support its operations by way of the procedure….
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