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Filene's Strikes $70M Deal With Ex-Parent, DSW

By Christie Smythe (September 30, 2009, 1:38 PM EDT) -- The liquidating estate for bankrupt Filene's Basement Inc. has struck a deal with its former parent Retail Ventures Inc. and show retailer DSW Inc. to wipe out $70 million in claims related to loans, bills and other obligations, potentially boosting the recovery for unsecured creditors to more than 50 cents on the dollar....

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