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Wilted By Drought And Debt, Nursery Business Files Ch. 11

By Rick Archer (May 29, 2018, 5:44 PM EDT) -- Flower grower and distributor Color Spot Holdings Inc. filed for Chapter 11 in Delaware bankruptcy court Tuesday, saying that after years of bad weather and sales losses it needed to make a quick all-assets sale to deal with $147 million in debts....

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