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After a failed, last-minute attempt to sell itself to investors who would have kept bankrupt Gottschalks Inc. open, a group of liquidators has emerged as the winning bidder and will shut down the 105-year-old department store chain.
Liquidation may begin as soon as Thursday, and is expected to conclude on or before July 15, according to a news release issued Tuesday.
— Courtenay Edelhart
Click on the blue boxes to read original documents related to the court case for yourself!
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