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Citing Downturn, Kimball Hill Opts For Liquidation

By Evan Weinberger (December 3, 2008, 12:00 AM EST) -- In separate filings Tuesday in the U.S. Bankruptcy Court for the Northern District of Illinois, bankrupt homebuilder Kimball Hill Inc. said that it intended to sell the majority of its business operations, and it filed its Chapter 11 liquidation plan and disclosure statement....

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