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Vann's Switches to Chapter 7

October 30, 2012
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Montana CE chain Vann's this week moved from Chapter 11 to Chapter 7 bankruptcy, which a Missoulian report characterized as a procedural move meant to expedite the potential sale of the company. 

The bankruptcy trustee told the newspaper that the company is negotiating with a single buyer. 

Vann's, which filed for Chapter 11 in August, began a structured liquidation last month. 

 


 

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