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Deals Rumor Mill: Brookstone, Ascensus, Xiaomi

By Adam Rhodes (June 29, 2018, 7:10 PM EDT) -- Retail chain Brookstone is considering seeking bankruptcy protection amid a sales slump and has hired Gibson Dunn & Crutcher LLP, Reuters reported on Friday. Citing anonymous sources, the outlet reported that bankruptcy is just one possibility the ailing retailer is considering among other potential restructuring options. According to the report, the retailer may not file for bankruptcy and could just close a large chunk of its U.S. stores....

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