UPDATE 2-Orchard Supply files for Chapter 11, Lowe's steps in -...

06/17/13

UPDATE 2-Orchard Supply files for Chapter 11, Lowe's steps in
Reuters
By Sakthi Prasad. June 17 (Reuters) - Orchard Supply Hardware Stores Corp has filed for Chapter 11 bankruptcy protection, court documents showed on Monday, with rival retailer Lowe's Companies set to buy the majority of its assets for $205 million in cash.

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