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MILWAUKEE (AP) – The Bon-Ton Stores, which operates 260 department stores in the U.S. including Carson’s, is expected to go out of business after two liquidation firms became the highest bidders at an auction for the bankrupt company’s assets Tuesday.
A bankruptcy court hearing was scheduled Wednesday to approve the sale and liquidation details, but a statement from the company’s CEO suggested the end for The Bon-Ton Stores Inc. is certain.
“While we are disappointed by this outcome and tried very hard to …
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