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Retailer Fred's Inc. Gets Nod For $35M Ch. 11 DIP, Sales

By Jeff Montgomery (September 10, 2019, 9:25 PM EDT) -- Bankrupt discount retailer Fred's Inc. secured Delaware bankruptcy court approval late Tuesday for a $35 million Chapter 11 loan, along with initially broad freedom to complete millions worth of asset sales as part of its initial liquidation efforts....

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