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Greeting Card Retailer Papyrus To Fold Under Ch. 11

By Dorothy Atkins (January 23, 2020, 9:15 PM EST) -- The owner of more than 250 greeting card stores, including the Papyrus and Carlton Card chains, filed for Chapter 11 protection in Delaware bankruptcy court Thursday, listing $54.9 million in debt and blaming a 2009 deal with greeting card giant American Greetings Corp. for its financial demise....

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