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UPDATE: Orchard Supply (OSH) Considering Bankruptcy Filing Next week - Bloomberg

June 7, 2013 3:51 PM EDT
(Updated - June 7, 2013 3:55 PM EDT)

Orchard Supply (Nasdaq: OSH) is considering filing for bankruptcy next week, according to sources cited by Bloomberg. Talks with lenders about restructuring $261 million in debt and capital lease obligations is said to be ongoing. Several companies are already considering a stalking horse bid for parts of the company, said sources


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