Orchard Supply files for Chapter 11; Lowe's may buy assets - Re...

Orchard Supply files for Chapter 11; Lowe's may buy assets
Reuters
O) filed for Chapter 11 bankruptcy protection early on Monday, court documents showed, and has reached a prospective agreement to sell the majority of its assets to retailer Lowe's Companies Inc (LOW.N) for about $205 million in cash. Orchard, which ...
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Business Wire (press release)
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